By Emese Bartha
Italy has hired banks for the syndicated reopening of its 1.50% April 2045 green BTP, aiming to raise 5 billion euros ($5.81 billion) via the transaction, one of the lead manager banks said Tuesday.
The transaction is expected to be launched in the near future, subject to market conditions, the same bank said.
Italy launched this green BTP in March, raising EUR8.5 billion.
The lead manager banks hired for the upcoming transaction are BofA Securities, Credit Agricole CIB, Deutsche Bank, MPS Capital Services and Nomura.
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(END) Dow Jones Newswires
October 19, 2021 08:53 ET (12:53 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.