Introduction sectionPlacement results of the 5-year US Dollar SEC-Registered Global Bond

Placement results of the 5-year US Dollar SEC-Registered Global Bond

The Republic of Italy announces the placement results of the 5-year US Dollar SEC-Registered Global Bond. The bond, maturing on the 17th February 2026 has a 1.25% coupon (first short coupon), paid on a semi-annual basis. The settlement date of the transaction is set on November 24th 2020.

The amount of USD 3 billion has been issued at a re-offer price of 99.638%, equivalent to a 1.322% gross annual yield in USD.

The bond has been placed through a syndicate, structured with three lead managers, Barclays Bank PLC, BofA Securities Europe S.A. and Goldman Sachs Bank Europe SE. The rest of Specialists in Italian Government bonds participating as co-lead managers.

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