Intesa looks to bolster CET1 with LT2 to senior exchange
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Intesa looks to bolster CET1 with LT2 to senior exchange

Intesa SanPaolo is offering investors a new five year senior bond in exchange for a targeted €2.5bn equivalent of lower tier two bonds in euro and sterling, all with imminent call dates. It suggested it would not call the targeted bonds because of market conditions.

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