Italian supply builds as Mediobanca makes successful return

By Tyler Davies
26 Mar 2019

Italy’s Mediobanca made light work of its return to the senior unsecured market on Tuesday, launching a well subscribed €500m bond with a negative new issue premium, according to a banker on the deal.

Mediobanca picked Banca IMI, Mediobanca, NatWest Markets, Société Générale and UniCredit as lead managers for the January 2025 preferred senior transaction, which had its size capped at €500m from the outset.

The lead manager group started the pricing in the 175bp area over mid-swaps ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.