Mediobanca taps 2025 bond for €250m

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Mediobanca taps 2025 bond for €250m

Italian issuer Mediobanca launched a €250m tap of its existing 2025 covered bond on Thursday, with the deal offering a small premium to its secondary curve. The increase follows news that the Italian bank acquired €2.9bn mortgages from Barclays suggesting it will become a more frequent issuer.

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