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. |