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Banca IMI, Deutsche Bank to lead Buzzi Unicem's EUR300m-400m bond issue

Posted on: Thu, 26 Nov 2009 16:12:00 EST

Symbols: DB

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Nov 26, 2009 (M2 EQUITYBITES via COMTEX) --
DB | Quote | Chart | News | PowerRating -- 26 November 2009 - Banca IMI and Deutsche Bank (ETR:DBK) will act as
joint lead managers and joint bookrunners of Italian cement maker Buzzi
Unicem's (BIT:BZU) benchmark bond of EUR300m-400m (USD453.4m-604.5m).

The company will issue the bond for institutional investors before
Christmas and will determine its maturity based on investors' response
and the market conditions. Buzzi Unicem will issue the instrument as
approved by its board of directors on November 11.

Standard & Poor's (S&P) gives Bbb long term rating, A-3 short-term
rating and a "negative" outlook on Buzzi Unicem.

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For full details on Deutsche Bank AG (DB) DB. Deutsche Bank AG (DB) has Short Term PowerRatings at TradingMarkets. Details on Deutsche Bank AG (DB) Short Term PowerRatings is available at This Link.

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