Unicredit today launched a new one billion euro three-year senior bond, registering an order intake of approximately 1,9 billion euro. This was reported by Ifr, the online service of Thomson Reuters, specifying that the yield guidance has now been revised to area 160 bps, compared to the previous indication of 165-170 basis points on the midswap rate. Pricing is expected within the day.
The auction is managed by Bnpp, Credit Suisse, Dz Bank and by Unicredit Bank itself as joint bookrunner. Unicredit has Baa2, BBB and BBB+ ratings respectively from Moody's, S&P's and Fitch, all with a negative outlook.
At the end of the morning, the Unicredit stock dropped 0,3%.
