The FINANCIAL — Italian bank Intesa Sanpaolo SpA has set pricing on its euro-denominated, benchmark-size, senior unsecured, unsubordinated bond in the area of 360 basis points over midswaps, one of the banks running the deal said Monday.
Banca IMI, BNP Paribas S.A., Credit Suisse Group and JP Morgan Chase and Co., are lead-managing the deal, which is expected to price later Monday.
According to Borsa Italiana – London Stock Exchange Group, the issuer is rated A2 by Moody's Investors Service Inc., BBB+ by Standard and Poor's Corp., and A- by Fitch Ratings.
Discussion about this post