Mediobanca dodges ‘inefficient’ maturities by doubling up on six year senior

By David Freitas
02 Dec 2019

Mediobanca was looking to sell its second six year senior bond of 2019 on Monday, revealing its preference for deals in the belly of the maturity curve.

Mediobanca picked Banca IMI, Mediobanca, NatixisSantander and UniCredit to run the books on its €500m long six year deal on Monday.

They started out with price thoughts of 120bp-125bp over mid-swaps, at which level they were able to run up more than €800m of orders by 10am in London.

Demand kept ...

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.