Finmeccanica has placed 7-year bonds on the market for 700 million euro against a demand that has risen to 3,1 billion. The definitive pricing will be fixed during the afternoon but according to Radiocor's knowledge the annual coupon will be at 4,5%, significantly below the initial guidance.
The operation was managed as global coordinators and joint bookrunners by Unicredit, Bnpp, Citi, Cacib and HSBC. Banca Imi participates as joint bookrunner together with Baml, Barclays, Bbva, Commerzbank, Db, Gsi, JP Morgan, Rbs, Santander and Sg Cib.
