Italian deals attracted a lot of attention in Europe last week, as investors looked over the newly marketing 500 million ($637.5 million) tap issue for a railway project, scooped up a 193.3 million future flow transaction for a pharmaceutical factoring company, and weighed the potential fallout from a still struggling SCIP 2.

Italy's Infrastrutture SpA offered its 500 million tap in a single tranche of 30-year notes, which came with price talk at 21 basis points over swaps. The ratings were Aa2 from Moody's Investors Service, AA-' from Standard & Poor's and AA' from Fitch Ratings.

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