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Prudential underwrites the €100 mln bond issued by IGD

Posted: 8 December 2016

Pricoa Capital Group, a subsidiary of US insurer Prudential Financial, which in Italy has the asset management joint venture UBI Pramerica with Banca Ubi, signed all the unsecured and non-convertible bond placed by IGD SIIQ for the total nominal amount of 100 Million Euros, with a Maturity 7 years.

The gross annual fixed coupon is of 2.25%. The operation is aimed at refinancing the debt IGD.