SACE €500 million 3.875% subordinated bond issue

30/1/2015
Investment grade bond/note issue

€ 500 million

$ 538.082 million

Completed

30/1/2015


Overview:

  • SACE has issued a €500 million subordinated bond.
  • The 3.875% bond was issued on the Luxembourg Exchange.
  • Barclays and Citigroup acted as joint arrangers, joint structuring advisers and joint bookrunners, and Deutsche Bank, HSBC and UniCredit acted as joint bookrunners.

Sam Duke - Editor

Jurisdictions:

Italy
Luxembourg

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sectors:

Financial services
Insurance


Firms:

Party: SACE - Servizi Assicurativi del Commercio Estero (Issuer)


Party: Barclays (Arranger, Bookrunner)

Party: Citigroup (Arranger, Bookrunner)

Party: Deutsche Bank AG Na ON (Bookrunner)

Party: HSBC (Bookrunner)

Party: Unicredit (Bookrunner)