Cases & Deals

Banca IMI and BNP Paribas act as dealer managers in €2.1 billion issuance of BTP Italia

Clients Banca IMI, BNP Paribas, Invest Banca, and Credit Agricole e Banca Akros S.p.A.

Jones Day advised Banca IMI and BNP Paribas, as dealers, and Invest Banca and Credit Agricole e Banca Akros S.p.A., as co-dealers, in connection with the €2.1 billion (US$2.3 billion) issuance of the new 4-year BTP Italia, indexed to Italian inflation (Ex Tobacco). The new bond is placed on the market through the screen based MoT platform of Borsa Italiana into two phases: the first phase is reserved to individual savers; the second, subsequent, is reserved to the institutional investors.