Intesa goes for size over price on OBG return

Frank Jackman

June 26, 2023 02:39 PM

Rome, Italy - October 14, 2016: Entrance Plate of the Local branch of Italian Bank called Intesa Sanpaolo.

◆ Intesa takes €1.25bn with first covered bond since 2019 ◆ 12bp of concession left on the table ◆ Portugal’s Banco BPI to follow with its own covered return

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Topics

Covered Bond Deal Reviews FIG Euro Intesa Sanpaolo Italy Portugal

FJ

Frank Jackman

Covered Bond Editor