April 23, 2013 at 10:49 AM EDT
UPDATE 1-UniCredit times Tier 2 bond with peripheral rally
LONDON, April 23 (IFR) - Italy's UniCredit, rated Baa2/BBB+/BBB+, announced plans to sell a US dollar denominated Tier 2 subordinated bond on Tuesday as it seeks to capitalise on a peripheral rally that has driven the country's borrowing costs to fresh 2013 lows.
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