By Emese Bartha
Italy hired banks for a dual-tranche bond syndication to be launched in the near future, subject to market conditions, one of the lead manager banks said Tuesday.
The transaction will include the issuance of a new July 2036-dated benchmark 10-year BTP, and the issuance of a new February 2046-dated BTPei, a bond linked to eurozone HICP ex-tobacco, the bank said.
Given the upcoming syndication, the BTPei auction scheduled for April 24 won't take place.
Citigroup, Credit Agricole CIB, Deutsche Bank, IMI-Intesa Sanpaolo, Santander and Societe Generale are the joint lead managers.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
04-14-26 0812ET
