New Issue- Monte Paschi prices 1.0 bln euro 2024 bond
July 8(Reuters) -Following are terms and conditions
of a bond priced on Tuesday.
Borrower Monte Paschi
Issue Amount 1.0 billion euro
Maturity Date July 16, 2024
Coupon 2.875 pct
Reoffer price 99.597
Spread 148 basis points
Underlying govt bond Over Mid-swaps, equivalent to 168.9bp
Over the 1.5 pct 2024 Bund
Payment Date July 16, 2014
Lead Manager(s) Deutsche Bank (NYSE: DB-RI - news) , HSBC, MPSCS & UBS
Ratings Baa3 (Moody's) &
A (Fitch)
Full fees Undisclosed
For ratings information, double click on
For all bonds data, double click on
For Top international bonds news
For news about this issuer, double click on the issuer RIC,
where assigned, and hit the newskey (F9 on Reuters terminals)