Italy prints bumper private floater

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By Frank Jackman
27 Nov 2020

Italy returned to the private placement market to print one of the year’s largest MTNs on Thursday. The deal stood out this week, since issuance in the market has started to wind down ahead of Christmas.

“There’s still some bits and pieces happening,” said one MTN banker. “We did a few trades this week, but it feels like things are slowing down as issuers enter end of year mode. Things should start getting really quiet from next week onwards.”

The sovereign’s €725m bond matures ...

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