April 16, 2018 / 6:53 PM / 3 days ago

BRIEF-Banco Bpm says EUR 500 mln bond unsecured issue successfully completed

April 16 (Reuters) - Banco Bpm SpA:

* EURO 500 MILLION 5-YEAR SENIOR PREFERRED BOND UNSECURED ISSUE SUCCESSFULLY COMPLETED

* BOND PAYS A FIXED RATE COUPON OF 1.75% AND HAS AN ISSUE PRICE OF 99.64%, CONSISTENT WITH A SPREAD OF 1.45% OVER 5-YEAR SWAP RATE

* TRANSACTION ENCOUNTERED GOOD DEMAND, WITH APPROX. 90 INSTITUTIONAL INVESTORS INVOLVED AND AN ORDER-BOOK HIGHER THAN EUR 700 MILLION Source text for Eikon: Further company coverage:

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