January 15, 2013 / 8:12 AM / 5 years ago

Italy starts marketing new 15-year bond

LONDON, Jan 15 (IFR) - The Republic of Italy (Baa2/BBB+/A-) is taking indications of interest on its new 15-year syndicated issue at around 35bp over its existing 4.5% March 2026 bond, banks managing the deal said on Tuesday.

Banca IMI, Barclays, Credit Agricole, Goldman Sachs and JP Morgan will price the deal later on Tuesday, marking Italy's first syndicated conventional bond issue since September 2010. (Reporting By John Geddie; editing by Alex Chambers)

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