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Italy's Treasury said on Monday it has mandated a pool of banks for the syndicated sale of a new 12-year green BTP bond maturing on October 30, 2038. Barclays Bank Ireland PLC, BNP Paribas, Deutsche Bank, Intesa Sanpaolo, J.P. Morgan SE and Société Générale Inv. Banking will manage the issuance.
Italy hired banks for a syndicated launch of a new 12-year, October 2038-dated green government bond (BTP). The deal is expected to launch in the near future, subject to market conditions.