|
Cannata: positively surprised by investor response |
The Republic of Italy launched a €6 billion 30-year transaction in October against an inauspicious backdrop. The deal had been talked about since the start of the year and many market observers concluded that Italy had missed its window of opportunity. The trade was especially bold because the news surrounding Italy has been far from positive in recent months. Standard & Poor’s signalled that the sovereign would struggle to remain a double-A rated credit.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
