The issue launched this morning by Generali has closed. The insurance giant has put an unsecured 6-year bond on the market. A product that seems to have enjoyed success, considering that demand has exceeded 8 billion euros.
Given the strong demand, Generali decided to place bonds for 1,25 billion, against a spread set at 150 basis points, the minimum of the range initially indicated, which reached up to 160 basis points. The auction was managed by Bnp Paribas, Deutsche Bank, Goldman Sachs and Socgen.
In Piazza Affari, around 15 pm, the stock marks a +1,35% to 17,23 euros.
