Italy's Terna prices €1bn super-tightly in market electrified by QE

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Italy's Terna prices €1bn super-tightly in market electrified by QE

Richard Metcalf
January 23, 2015 04:15 PM
electricity pylons at sunset px230 for gc

Terna, the Italian electricity grid company, sold a €1bn seven year bond last Friday, profiting from strong demand after the announcement of European quantitative easing on Thursday, January 22, to price with a minimal new issue premium.

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Richard Metcalf
Richard Metcalf
People & Markets Editor GlobalCapital
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