New bond issue: Banca Nazionale Del Lavoro sells EUR 5,500.0m in 2022 bonds with a 3m EURIBOR + 0.1%

July 29, 2015 - Cbonds

 

Banca Nazionale Del Lavoro placed EUR 5,500.0m in bonds with a 3m EURIBOR + 0.1% maturing in 2022. The bond was priced at 100%. Bookrunner: BNP Paribas arranged the deal.
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Issuer, issue numberBanca Nazionale del Lavoro (BNL), FRN 28jul2022, EUR
Type of debt instrumentDomestic bonds
Issue statusoutstanding
Par, currency of issueEUR 100,000
Amount5,500,000,000
ISINIT0005123507
Start of placement07/28/2015
End of placement07/28/2015
Initial issue price100
Coupon3M EURIBOR + 0.1% floor 0%
Coupon frequency4 time(s) per year
Settlement date07/28/2015
Maturity date07/28/2022
Issue ManagersBookrunner: BNP Paribas
Issuer: Banca Nazionale del Lavoro (BNL)
Issuer profile:
As of October 1, 2007, Banca Nazionale del Lavoro SpA was acquired by BNP Paribas. Banca Nazionale del Lavoro S.p.A. provides banking and financial services to households, enterprises, and public sec... more
Outstanding issues:
1 issuesUSD3,503,000
113 issuesEUR15,367,006,700
Issuer rating:
Moody's Investors ServiceA3/NegativeLT- foreign currency12/09/2016
Moody's Investors ServiceA3/NegativeLT- local currency12/09/2016
Fitch RatingsBBB+/StableLT Int. Scale (foreign curr.)04/27/2017