UBI Banca finds senior success in return to euro market
UBI Banca launched a €500m non-preferred senior bond this week, supported by orders of €1.4bn at peak, but it had to pay a new issue premium, according to a FIG banker.
UBI Banca was out with a €500m no-grow 5.5 year non-preferred senior offering, with expected ratings of Baa3/BBB-/BBB-.
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