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.