Skip to:
  1. Home
  2. Press & Media
  3. Press Releases - Price sensitive
  4. 2016
  5. UniCredit issues Euro 1 billion 7Y senior benchmark
Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.


Recipient (e-mail address):

UniCredit issues Euro 1 billion 7Y senior benchmark


UniCredit SpA (rated Baa1/BBB-/BBB+) has today issued a new senior benchmark fixed rate with a maturity of 7 years and a size of Euro 1 billion.

Coupon has been set at 2%  with an issue/re-offer price of 99.221%.


The initial spread guidance was set at 200 bps area, then, given the very positive market feedback, it has been revised achieving a final issue spread equal to 190 bps.

UniCredit Bank AG, JP Morgan, Citibank, SocGen e Santander have managed the placement acting as joint bookrunners.


The transaction involved more than 200 institutional investors with total orders of approx Euro 2.2 billion. The allocation by investor types/regions: funds (73%), insurance companies (14%), banks (11%) and other investors (2%); France (39%), Italy (19%), UK/Ireland (14%) and Germany/Austria/Swiss (13%).


The bond, which will be documented under the Euro Medium Term Notes Programme, is the first senior institutional issuance in 2016 and sets a new reference point in the UniCredit Spa senior benchmark curve.



Milan, 26 February 2016



Media Relations Tel. +39 02 88623569; e-mail:
Investor Relations Tel. + 39 02 88624324; e-mail: