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UniCredit: 2 billion Euro new bond, spread fixed at 55 bps

UniCredit (Aa2/A+/A+) has launched today a new senior benchmark for an amount of 2 billion Euro and a spread of 55 bps above 3 month Euribor.

The spread has been defined after a book building process started with a 57-59 bps guidance, which, given the strong demand, has been tightened to 55 bps. 

The orders final amount exceeded 4 billion Euro. 

Fortis Bank and UniCredit Markets & Investment Banking acted as joint bookrunners for the distribution of the bonds.

The transaction involved a broad participation of institutional investors: funds (46%), banks (48%) and insurance companies (5%) with the following geographic distribution: Italy (25%); Benelux (21%); France (15%); Germany (15%), UK/Ireland (7%).

The issue, documented under the banks Euro Medium Term Notes (EMTN) Programme, will set a new benchmark in the senior credit curve of the Group.

Listing will be done on the Luxembourg Stock Exchange.



Milan, May 20th 2008


Contatti:

Media Relations: Tel. +39 02 88622612;

e-mail: MediaRelations@unicreditgroup.eu

Investor Relations: Tel. + 39 02 88628715;

e-mail: InvestorRelations@unicreditgroup.eu