Italy based Savings Bank Cassa Depositi e Prestiti (CDP) has finalised a private placement in the EUR Floating Rate Spaghetti Bond market. The financing matures in 2043 and was executed by a single dealer.
A Spagetti bond is an EUR-denominated bond issued by an Italian entity in the Italian Domestic Bond market.
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| Issuer Details | |
| Issuer | Cassa Depositi e Prestiti (CDP) |
| LEI | 81560029E2CE4D14F425 |
| Industry | Bank - Savings |
| Country | Italy |
| Issuer Description | Cassa Depositi e Prestiti (CDP) is a joint-stock company under public control, with the Italian government holding 80.1% and a broad group of bank foundations holding 18.4%, the remaining 1.5% in treasury shares.. Cassa depositi e prestiti S.p.A. provides financing services. The Company offers loans, equity, and guarantees to state and regional governments, local authorities, public bodies, and public-law entities through postal savings products under state guarantee and the issuance of bonds. Cassa Depositi e Prestiti operates worldwide. |
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| Trade Details | |
| Security Type | Bond |
| Amount | EUR [Login to see full details] |
| Total Amount including taps | EUR [Login to see full details] |
| Total Amount Outstanding | EUR [Login to see full details] |
| Total Order Book | EUR [Login to see full details] |
| Structure | Floating Rate |
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| It came at a spread of [Login to see full details] in the Spaghetti bond market. | |
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A Spagetti bond is an EUR-denominated bond issued by an Italian entity in the Italian Domestic Bond market.
Check here for all issuer’s year to date financings.