home
login
contact
about
Finance Dublin
Finance Jobs
 
Thursday, 28th March 2024
    Home             Archive             Publications             Our Services             Finance Jobs             Events             Surveys & Awards             
Exchangeable bonds    
Similar to convertible bonds but not linked to the shares of the issuer. They can be exchanged for shares Similar to convertible bonds but not linked to the shares of the issuer. They can be exchanged for shares in another company.in another company.
UniCredito Italiano Bank
(Ireland) plc
Date closed: 19/12/03
Volume: €1.26 billion
Guarantor: UniCredito Italiano S.p.A
Rating: AA-/Aa2 (A-1+/P-1 Short Term)
Maturity: 19/12/08
Coupon: 2.5%
Joint Lead Managers: Merrill Lynch International, Mediobanca-Banca di Credito Finanziario S.p.A., and UniCredit Banca Mobiliare S.p.A ("UBM") & SG Corporate & Investment Banking
Irish Legal Adviser: McCann FitzGerald
Description: The notes are exchangeable into ordinary shares of Assicurazioni Generali. The issue was 2.4 times oversubscribed. The notes are denominated in units of €50,000 and may be exchanged at a ratio of 1780.6288 shares per note of the underlying share price reaches €28.08 between years 3 & 5.

Digg.com Del.icio.us Stumbleupon.com Reddit.com Yahoo.com

Home | About Us | Privacy Statement | Contact
©2024 Fintel Publications Ltd. All rights reserved.