UniCredit said it tightened pricing on the transaction to 95bp over the five-year mid swap rate, with allocations led by fund managers and banks.
UniCredit S.P.A. (UniCredit) said on 9 April that it completed the issuance of a €1billion (US$1.18 billion) senior non-preferred bond aimed at institutional investors. It added that the notes carry a six-year maturity with a call option exercisable after five years and form part of its funding plan for 2026. The final allocation was weighted towards fund managers According to UniCredit, the transaction was executed following a bookbuilding process that attracted demand of more than &eu