FGA Capital has priced a €500m two-year bond. The details are:

Borrower: FGA Capital Ireland plc

Guarantor: FGA Capital S.p.A.

Issue amount: €500m

Maturity date: February 28, 2014

Coupon: 5.25%

Issue price: 99.768

Reoffer price: 99.768

Spread: 421.2 basis points

Underlying government bond: Over the 0.25% BKO

Payment date: February 28, 2012

Lead managers: CA CIB, Citigroup, UniCredit Ratings: Baa3 (Moody's), BBB (S&P), BBB (Fitch) Listing: Irish

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