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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

 

Enquiries:

 

Media Relations:
Tel. +39 02 88628236 ; e-mail: MediaRelations@unicreditgroup.eu


Investor Relations:
Tel. + 39 02 88628715; e-mail: InvestorRelations@unicreditgroup.eu