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Banca Ifis
Capital/Financing Update • Feb 20, 2024
4153_rns_2024-02-20_d583b2e4-20a1-4b60-83df-5adb807b3e5b.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0147-12-2024 |
Data/Ora Inizio Diffusione 20 Febbraio 2024 21:28:29 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | BANCA IFIS | |
| Identificativo Informazione Regolamentata |
: | 186441 | |
| Utenza - Referente | : | IFISN07 - DA RIO | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 20 Febbraio 2024 21:28:29 | |
| Data/Ora Inizio Diffusione | : | 20 Febbraio 2024 21:28:29 | |
| Oggetto | : | Banca Ifis completes issue of 400 million Euro bond maturing in 5 years |
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| Testo del comunicato |
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Banca Ifis completes issue of 400 million Euro bond maturing in 5 years
Mestre (Venice), 20 February 2024 - Banca Ifis completed the placement of a 400 million Euro Senior Preferred Unsecured bond as part of its EMTN emissions program for an amount of 400 million Euros. The issue is aimed at institutional investors.
In detail, the bond issue has a term of five years, with a settlement date of 27 February 2024. The reoffer price was set at 99.362 for a yield to maturity of 5.65% and a coupon payable annually of 5.50%. The bond will be listed on Euronext Milan and has an expected rating of BB+ by Fitch and Baa3 by Moody's.
The transaction is part of the EMTN funding program, as envisaged in the Bank's Business Plan for the threeyear period 2022-24 which estimates 2.5 billion euros of new placements.
In the transaction, Banca Ifis was supported by BNP Paribas, Equita, Goldman Sachs International, Mediobanca, Santander and UniCredit as Joint Lead Managers bookrunners. Clifford Chance supported the Joint Lead Managers.
Rosalba Benedetto Director Communication, Marketing, Public Affairs & Sustainability and External Relations Banca Ifis S.p.A.
Davide Tammaro Head of Brand, Corporate Communications & Sustainability [email protected] +39 366 6258525
Martino Da Rio Head of IR and Corporate Development Banca Ifis S.p.A. +39 02 24129953
Davide Pastore Media Relations Manager [email protected] +39 337 1115357
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| Fine Comunicato n.0147-12-2024 | Numero di Pagine: 4 | |
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