January 13, 2020 / 8:27 AM / 15 days ago

Italy's UBI launches first Additional Tier 1 bond

MILAN, Jan 13 (Reuters) - Italy’s fifth-largest lender UBI Banca said on Monday it was launching an Additional Tier 1 bond in euros, its first such issue.

Refinitiv’s IFR service reported the issue, worth 400 million euros, would be priced later on Monday. The initial price indication was for a yield of around 6.5%.

Reporting by Valentina Za, editing by Giulia Segreti

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below