Orders have already exceeded 1,9 billion euros – The yield was set at 150 basis points above the midswap rate, after an initial indication this morning in the 160 bps area.
La Cassa Depositi e Prestiti launched this morning a five-year bond of 750 million euro. Orders, received from over 150 entities, have already exceeded 1,9 billion euros.
The yield was set at 150 basis points above the midswap rate, after an initial indication this morning in the 160 bp area. The bond, which will mature in February 2019, will be priced in the afternoon.
The operation is managed by Banca Imi, Barclays, Citi, Morgan Stanley and Rbs.
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