Ubi prezza covered bond 2017 da 1 mld a 99,969 reoffer, 3,375%

martedì 7 settembre 2010 13:20

 Sept 7 (Reuters) - Following are terms and conditions of a
covered bond priced on Tuesday.          
Borrower                 Unione di Banche Italiane S.c.p.a 
                         (UBI.MI: Quotazione)     
Issue Amount             1.0 billion euro   
Maturity Date            September 15, 2017     
Coupon                   3.375 pct     
Reoffer price            99.969     
Spread                   120 basis points     
Underlying Govt bond     Over Mid-swaps, equivalent to 159.4 
                      bp over the 4.25 pct July 2017 Bund
Payment Date             September 15, 2010     
Lead Manager(s)          Barclays Capital, Cr. Agricole, CIB,
                     Morgan Stanley, UBS, Unicredit Bank 
Ratings                  Aaa (Moody's), AAA (Fitch)     
Listing                  London     
Denoms (K)               50-1     
Notes                    Launched under the issuer's Covered 
                      Bond Programme