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Iccrea Banca aims to price euro-denominated fixed-rate notes
By Marisa Wong
Los Angeles, Nov. 8 – Iccrea Banca SpA announced it intends to issue, subject to market conditions, a series of new euro-denominated fixed-rate notes under its €3 billion euro medium-term note program.
The company is conducting a concurrent cash tender offer for its €600 million 1½% notes due Oct. 11, 2022. The tender offer is conditioned on the issue and settlement of the new notes.
The bank is based in Rome.
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