Snam prezza bond 2023 da 500 mln cedola 1,5% a reoffer 99,285

mercoledì 15 ottobre 2014 16:50

Oct 15(Reuters) -Following are terms and conditions
of a bond priced on Wednesday.

    Borrower                SNAM S.p.A. SRG.MI
    Issue Amount            500 million euro
    Maturity Date           April 21, 2023
    Coupon                  1.5 pct
    Reoffer price           99.285
    Yield                   1.591 pct
    Spread                  78 basis points
    Underlying govt bond    Over Mid-swaps, equivalent to 107bp
                            Over the 1.50 pct 2023 DBR
    Payment Date            October 22, 2014
    Lead Manager(s)         Banca IMI, BofAML, Citi, HSBC & UniCredit
    Ratings                 Baa1 (Moody's) & BBB+ (S&P)
    Listing                 Lux
    Denoms (K)              100-1
    Governing Law           English
    Notes                   Launched under issuer's EMTN programme
    ISIN                    XS1126183760

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