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Pimco Buys All Of $3 billion UniCredit Bond

FYI: U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond Italy’s top bank UniCredit has issued to comply with rules on loss-absorbing securities, a source familiar with the matter said.
Regards,
Ted
https://www.reuters.com/article/us-unicredit-bond-pimco/pimco-buys-all-of-3-billion-unicredit-bond-source-idUSKCN1NX199
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