Mediobanca has entrusted a pool of banks with the task of managing the placement of a 500 million euro bond with a ten-year duration.
The institutions involved – in addition to Piazzetta Cuccia itself – are the German Commerzbank, the French Natixis and the Italian Unicredit
The expected rating for covered bonds is A/A+ by Standard & Poor's and Fitch. The issue will be launched shortly, market conditions permitting.