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Published on 3/21/2011 in the Prospect News Liability Management Daily.

Italy's Intesa Sanpaolo calls €500 million of floating-rate notes

By Toni Weeks

San Diego, March 21 - Intesa SanPaolo SpA said it has called for early redemption its €500 million of callable lower tier II floating-rate subordinated notes due 2016.

According to a company filing with the London Stock Exchange, the redemption price of par plus accrued interest will be paid on April 19.

The financial services company, formerly Sanpaolo IMI SpA, is based in Turin, Italy.


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