Mediobanca garners strong support in green debut

ItalyMoney_Adobe_575x375
By David Freitas
01 Sep 2020

Mediobanca was able to attract demand seven times the size of its new €500m senior bond on Tuesday, which was its debut green deal. The high demand allowed the issuer to launch with a negative new issue premium based on its conventional curve.

After meeting with over 65 investors as part of a roadshow which started on Wednesday last week, Mediobanca decided to go ahead on Tuesday with the sale of a seven year preferred senior bond in green format.

The Italian lender hired its own investment bank, BBVA,

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial