Italy gets blowout book for linker

Italy_Fotolia_230x150
By Lewis McLellan
02 Oct 2019

Italy’s first inflation-linked syndication in more than two years hit the market on Wednesday and raised €4bn from a book of €22bn, far outstripping the €6.4bn book for its previous linker sale.

Banca Imi, BNP Paribas, JP Morgan, NatWest Markets and Société Générale ran the books for the deal — a May 2030 BTPei linked to the European consumer price index.

The issuer would have been happy to print €2bn, but because of the size and ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

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: subs@globalcapital.com or find out more online here.