MILAN, April 5 Italian mid-sized bank Credito
Valtellinese is offering a subordinated bond worth 150
million euros ($160 million) with a 10-year maturity and an 8.5
percent coupon, market sources said.
One of the sources said the issue was a "club deal" and
would be offered to a group of investors.
Credito Valtellinese had tried to boost its Tier2 capital
with a subordinated debt issue back in September but had not
managed to place the bond after holding a roadshow to present it
to investors. ($1 = 0.9371 euros)
(Reporting by Valentina Za and Giulio Piovaccari, editing by