EduBourseActualitésUniCredit launches a 3 year unsecured benchmark for Euro 1 billion

UniCredit launches a 3 2022 unsecured benchmark for Euro 1 billion

UniCredit (rated Aa3 by Moody’s; A by S&P; A by Fitch) has today issued a new 3 2022 senior unsecured fixed rate benchmark in size of Euro 1 billion, at a spread of 190 bps over mid swaps. The conditions were set following a quick book building process at original guidance of + 190/200, during which a total of 1.6 billion orders have been gathered.

The fixed rate bond maturing in 27th April 2012 carries a coupon of 4.125% and reoffer price of 99.931%.

UniCredit Corporate & Investment Banking, Calyon and Goldman Sachs are acting as joint bookrunners. The transaction has been widely distributed among institutional investors: asset managers (48%), banks (41%) and insurance companies (7.5%), with the following geographic allocation: Italy (40%), Germany (19%), UK/Ireland (11%), France (8%).

The bonds will define a new reference point of the UniCredit’s senior curve on a maturity (2012) previously not covered. Bonds are documented under the Euro Medium Term Notes Program. Listing will be on the Luxembourg Stock Exchange.

Milan, 20 April 2009


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Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.