New Issue: UniCredit Luxembourg prices $750 million 6% 10-year notes at Treasuries plus 170 bps

By Andrea Heisinger

Omaha, Oct. 24 - UniCredit Luxembourg Finance SA priced $750 million in 6% 10-year subordinated notes Wednesday to yield Treasuries plus 170 basis points, an informed source said.

The Rule 144A notes (Aa3/AA) were priced at 99.962 to yield 6.01%.

They are non-callable.

Bookrunners were Citigroup Global Markets Inc., Goldman, Sachs & Co. and HypoVereinsbank.

The subsidiary of UniCredito Italiano is based in Luxembourg City.

Issuer:	UniCredit Luxembourg Finance SA
Issue:	Subordinated notes
Amount:	$750 million
Maturity:	Oct. 31, 2017
Bookrunners:	Citigroup Global Markets Inc., Goldman, Sachs & Co., HypoVereinsbank
Coupon:	6%
Price:	99.962
Yield:	6.01%
Spread:	Treasuries plus 170 bps
Call:	Non-callable
Trade date:	Oct. 24
Settlement date:	Oct. 31
Ratings:	Moody's: Aa3
	Standard & Poor's: AA
Distribution:	Rule 144A

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