Poste Italiane to Launch Eurobond

Poste Italiane SpA is planning to launch its debut Eurobond, lead managers for the deal Deutsche Bank and JPMorgan said on Tuesday. The euro-denominated transaction will be offered from under the issuer’s Euro medium-term note programme which will be signed shortly, the leads said in a statement. The deal will be launched and priced in the near future following an European roadshow, which is expected to be scheduled for later on this week, a syndicate official said. No further details were immediately available. Poste Italiane SpA is rated Aa2 by Moody’s Investors Service and AA-by Standard & Poor’s ratings agency.