New Issue: Italy prices $2.5 billion 2.125% three-year notes at Treasuries plus 68.7 bps

By Andrea Heisinger

New York, Sept. 28 - Republic of Italy priced $2.5 billion of 2.125% three-year notes on Monday at Treasuries plus 68.7 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes priced at 99.853 and are non-callable.

Bookrunners were Bank of America Merrill Lynch, Morgan Stanley and RBS Securities Inc.

Co-managers were Barclays Capital, BNP Paribas Securities, Citigroup Global Markets, Credit Suisse Securities, Deutsche Bank Securities, Goldman Sachs & Co., HSBC Securities and J.P. Morgan Securities.

The issuer is based in Rome.

Issuer:	Republic of Italy
Issue:	Notes
Amount:	$2.5 billion
Maturity:	Oct. 5, 2012
Bookrunners:	Bank of America Merrill Lynch, Morgan Stanley, RBS Securities Inc.
Co-managers:	Barclays Capital, BNP Paribas Securities, Citigroup Global Markets, Credit Suisse Securities, Deutsche Bank Securities, Goldman Sachs & Co., HSBC Securities, J.P. Morgan Securities
Coupon:	2.125%
Price:	99.853
Spread:	Treasuries plus 68.7 bps
Call:	Non-callable
Trade date:	Sept. 28
Settlement date:	Oct. 5

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.