Wednesday, September 22, 2010

Citigroup (NYSE:C), RBS (NYSE:RBS) Hired to Sell Italian Bond

Citigroup (NYSE:C) and the Royal Bank of Scotland (NYSE:RBS), among others, were hired to sell a new 15-year bond for Italy.

According to the Italian Treasury, also hired for the bond sale were Banca IMI SpA, Deutsche Bank AG (NYSE:DB) and Nomura Bank International Plc.

Based on market conditions, the released statement said there will be more details announced in the near future.

The bond will mature in March 2026.

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