Intesa prices in line with guidance

April 16, 2008 12:00 am

Intesa Sanpaolo has priced its Eu3bn five year bond in line with guidance at 85bp over mid-swaps. The market is now looking to UBS, which is in the market with a 10 year fixed rate benchmark. Guidance is at 160bp area over mid-swaps. And Santander is today in the market with a two year euro benchmark floater through HSBC and Santander.

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