Skip to:
  1. Home
  2. Press & Media
  3. Press Releases
  4. 2009
  5. UniCredit launches a 3 year unsecured benchmark for Euro 1 billion
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 launches a 3 year unsecured benchmark for Euro 1 billion

UniCredit (rated Aa3 by Moody's; A by S&P; A by Fitch) has today issued a new 3 year senior unsecured fixed rate benchmark in size of Euro 1 billion, at a spread of 190 bps over mid swaps. The conditions were set following a quick book building process at original guidance of + 190/200, during which a total of 1.6 billion orders have been gathered.


The fixed rate bond maturing in 27th April 2012 carries a coupon of 4.125% and reoffer price of 99.931%.


UniCredit Corporate & Investment Banking, Calyon and Goldman Sachs are acting as joint bookrunners. The transaction has been widely distributed among institutional investors: asset managers (48%), banks (41%) and insurance companies (7.5%), with the following geographic allocation: Italy (40%), Germany (19%), UK/Ireland (11%), France (8%).


The bonds will define a new reference point of the UniCredit's senior curve on a maturity (2012) previously not covered. Bonds are documented under the Euro Medium Term Notes Program. Listing will be on the Luxembourg Stock Exchange.


Milan, 20 April 2009




Media Relations:
Tel. +39 02 88628236 ; e-mail:

Investor Relations:
Tel. + 39 02 88628715; e-mail: