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JPMorgan, Banca IMI to lead Piaggio's bond issue

Posted on: Thu, 26 Nov 2009 00:54:00 EST

Symbols: JPM

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BELLEVUE, Wash., Nov 25, 2009 (ASCRIBE NEWS via COMTEX) --
JPM | Quote | Chart | News | PowerRating -- 26 November 2009 - Italian motorcycles and scooters maker Piaggio
(BIT:PIA) has picked US bank JP Morgan (NYSE: JPM | Quote | Chart | News | PowerRating) and Banca IMI, the
investment bank of Italy's Intesa Sanpaolo (BIT: ISP), to arrange its
upcoming bond issue, Radiocor agency said citing the issuer.

The agency previously reported Piaggio's intention to issue a
high-yield bond of an aggregate amount of EUR100m-150m (USD151m-226m).

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