Intesa establishes Asian following

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Intesa establishes Asian following

Italy’s largest bank Intesa Sanpaolo priced its debut dim sum bond on Wednesday. Bankers on the deal say that the issuer could have taken more the final size, but as the issuer was paying a premium over its Euro curve, it closed the deal at Rmb650m ($106m). The issuer also capped European investor orders in pursuit of its aim to build relationships in Asia.

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