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Published on 4/22/2024 in the Prospect News Investment Grade Daily.

Italy’s CDP will use dollar market for new senior notes offering

Chicago, April 22 – Cassa depositi e prestiti SpA is expected to use the dollar market for a new offering of five-year senior bonds (BBB/BBB), according to a market source.

The deal will be benchmark-sized.

The issuer is using BofA Securities and Goldman Sachs International as global coordinators.

BNP Paribas, BofA Securities, Citigroup, Goldman Sachs International, IMI-Intesa Sanpaolo, JPMorgan, Santander CIB, Societe Generale CIB and UniCredit are joint bookrunners.

The company has a presentation available via DealRoadshow and is available for one-on-one calls by request.

Proceeds from the Rule 144A and Regulation S deal will be used for general funding purposes.

The development bank is based in Rome.


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