UniCredit set to finish off sub debt plan for 2020

By Tyler Davies
23 Jun 2020

UniCredit opened books on Tuesday for what could be its last capital transaction of the year. The bank favoured the dollar market for its new tier two, having sold a senior transaction in euros only last week.

UniCredit opened books on a 15 year non-call 10 tier two on Tuesday morning, in Reg S/144A format.

Bank of America, Citi, HSBC, JP Morgan, Morgan Stanley, TD Securities and UniCredit were the joint bookrunners for the deal. They opened the pricing in the 510bp area over ...

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