Veneto Banca Plans 2.5-Year Euro Bond Sale
January 23 2013 - 6:15AM
Dow Jones News
By Art Patnaude
Italian lender Veneto Banca on Wednesday is planning to sell
2.5-year bonds denominated in euros, a bank working on the deal
said.
Price guidance was offered with a yield in the range of 4.125%
to 4.25%.
Banca IMI, Deutsche Bank, and Natixis are lead managers on the
bond, which matures July 21, 2015.
Standard and Poor's rates the issuer one notch into junk
territory, at BB+.
Write to Art Patnaude at art.patnaude@dowjones.com
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