By Cristal Cody
Chicago, May 26 – UniCredit SpA sold $2 billion of notes in two tranches on Wednesday, based on the report of a market source.
Each tranche was $1 billion.
The issuer sold 1.982% notes due June 3, 2027 at a spread of Treasuries plus 120 basis points, lower than talk in the Treasuries plus 145 bps area.
Also sold were $1 billion of 3.127% notes due June 3, 2032 with a spread of Treasuries plus 155 bps, low to the 180 bps area spread talk.
BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan Securities, Morgan Stanley, TD Securities and UniCredit Capital Markets were the bookrunners.
UniCredit is a banking and financial services company based in Milan, Italy.
| Issuer: | UniCredit SpA
|
| Amount: | $2 billion
|
| Issue: | Notes
|
| Bookrunners: | BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan Securities, Morgan Stanley, TD Securities and UniCredit Capital Markets
|
| Trade date: | May 26
|
|
|
| 2027 notes
|
| Amount: | $1 billion
|
| Maturity: | June 3, 2027
|
| Coupon: | 1.982%
|
| Spread: | Treasuries plus 120 bps
|
| Price talk: | Treasuries plus 145 bps area
|
|
|
| 2032 notes
|
| Amount: | $1 billion
|
| Maturity: | June 3, 2032
|
| Coupon: | 3.127%
|
| Spread: | Treasuries plus 155 bps
|
| Price talk: | Treasuries plus 180 bps area
|
|
|
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