The amount of the 15-year benchmark bond launched by Hera in the morning is been established at 700 million euros, against orders of over 2,4 billion. Also due to strong demand, the yield offered, initially indicated at around 5,375%, was revised downwards to 5,20%, even if the final pricing is expected in the afternoon.
The placement of the Hera bond is handled by IMI, BNP Paribas, Deutsche Bank, Mediobanca, RBS and Unicredit. Meanwhile, in the early afternoon, the share of the multi-service company gained 0,37% to 1,354 euros per share.
