The Republic of Italy, rated Baa3/BBB/BBB-/BBBH (stab/pos/stab/stab), has mandated BNP Paribas, Citigroup Global Markets Europe AG and HSBC Continental Europe to lead manage the reopening of the US Dollar denominated SEC Registered Global bond with tenor of 30 years, coupon 3.875% and maturing on the 6th of May 2051 (ISIN US465410CC03). The transaction is expected to be launched in the near future, subject to market conditions.
The proceeds of the bond offering will be used for general purposes of the issuer, including debt management purposes.
The Offering will be made only by means of prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the preliminary prospectus relating to the Offering, when available, may be obtained from BNP Paribas, 16 boulevard des Italiens, 75009 Paris, telephone +442075958222 or by emailing firstname.lastname@example.org. To obtain a copy of the prospectus free of charge, visit the SEC’s website, www.sec.gov, and search under the registrant’s name, “Republic of Italy.”
This announcement does not constitute an offer to subscribe to or a solicitation of an offer to subscribe to securities in any member state within EEA in which such offer or solicitation is unlawful, unless in reliance upon applicable EEA prospectus exceptions, whereby no EEA prospectus, registration or similar action would be required within EEA.