CDP Reti launched an unsubordinated and unsecured fixed-rate bond for a nominal amount of EUR500 million, annual coupon of 5.875% and a tenor of 5 years.
A&O advised the banks that acted as joint lead managers – Bank of China, BNP Paribas, Crédit Agricole CIB, HSBC, IMI-Intesa Sanpaolo, Mediobanca e UniCredit – in the transaction.
The bond is reserved for institutional investors and are listed on the regulated market of the Irish Stock Exchange (Euronext Dublin).
A&O’s team was led by partner Cristiano Tommasi supported by associate Elisabetta Rapisarda and trainee Francesco Laurenti. Counsel Elia Ferdinando Clarizia and associate Lino Ziliotti advised for tax aspects.
