UniCredit Bank Austria To Price EUR500 Million Five-Year Covered Bond
28 October 2011 - 9:02PM
Dow Jones News
UniCredit Bank Austria AG is to price its EUR500 million
five-year public sector covered bond at 85 basis points over
midswaps, one of the banks running the deal said Friday.
This is at the tighter end of initial price guidance which was
at 85 to 88 basis points over midswaps.
The deal comes after a series of investor meetings that took
place in Scandinavia last week.
Danske Bank A/S, DZ Bank, Erste Group Bank AG, Nord SA and
UniCredit SpA are the lead managers on the deal.
The issue is rated Aaa by Moody's Investors Service Inc.
-By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236;
Sarka.Halasova@dowjones.com