UniCredit builds record book with new UK buyers

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UniCredit builds record book with new UK buyers

UniCredit SpA yesterday (Tuesday) sold a Eu1.25bn 12 year benchmark off the back of a Eu4.6bn orderbook, the largest ever for an Italian issuer. Bolstered by the pull of a maturity which is rare and increasingly favoured by the regulatory environment, the transaction’s reception was, in the words of one syndicate official, “overwhelming”.

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