Find out all Crédit Agricole CIB's information on real time : latest deals, leagues tables, awards, flash. And every month, our special report on an current subject.
12/28/2009 / ITALY / DEBT & CREDIT MARKETS
Calyon mandated joint bookrunner for a bond issue for A2A
In October 2009, Calyon acted as joint bookrunner and joint lead manager in the EUR 1 billion 7-year eurobond issue for A2A.
The deal was oversubscribed seven times. It was the first issue organised by A2A following the merger of ex AEM of Milan and ASM of Brescia.
The bonds, which have a minimum denomination of EUR 50,000 and come due on 2 November 2016, pay a gross annual coupon of 4.50%. They were placed at an issuance price of EUR 99.255.
A2A is a multiutility company born in 2008 as a result from the merger between AEM SpA Milan, ASM SpA Brescia and AMSA SpA. A2A is the first player among Italian multiutilities. The company operates in the following sectors: energy (electricity and gas), district heating and cogeneration, waste and distribution networks.