Banco BPM SpA

Capital/Financing Update • Jun 14, 2019

Informazione Regolamentata n. 1928-65-2019		Data/Ora Ricezione 14 Giugno 2019 19:19:35	MTA
Societa'	:	Banco BPM S.p.A.
Identificativo Informazione Regolamentata	:	119737
Nome utilizzatore	:	BANCOBPMN08 - Marconi
Tipologia	:	3.1
Data/Ora Ricezione	:	14 Giugno 2019 19:19:35
Data/Ora Inizio Diffusione presunta	:	14 Giugno 2019 19:19:36
Oggetto	:	NR_Banco BPM SUCCESSFULLY PLACED A SENIOR PREFERRED	LAUNCHED THE THIRD ISSUE OF 2019 FOR INSTITUTIONAL INVESTOR ONLY UNSECURED ISSUE OF EURO 500 MILLI
Testo del comunicato

Vedi allegato.

NEWS RELEASE

BANCO BPM:

SUCCESSFULLY LAUNCHED THE THIRD ISSUE OF 2019 FOR INSTITUTIONAL INVESTOR ONLY

PLACED A SENIOR PREFERRED UNSECURED ISSUE OF EURO 500 MILLION

Milano, 14th June 2019 – Banco BPM communicates to have launched successfully a new senior preferred unsecured transaction.

Following the issuance of €750 million senior preferred in March and the issuance of €300 million Additional Tier 1 in April, Banco BPM S.p.A. has been back on the primary market today launching a senior preferred bond with a 5-year maturity, for a size of €500 million.

The bond pays a fixed rate coupon of 2.50% and has an issue price of 99.384%, consistent with a spread of 2.80% over the 5-year swap rate.

The transaction has encountered a good demand, from Italy as well as abroad, with approx. 90 institutional investors involved. The geographical distribution is the following: 64% originated in Italy, 14% in the UK & Ireland, 6% in Norway, 5% in France, 5% in Switzerland, Others 6%; the transaction has been placed mainly to fund managers (60%), followed by banks (33%).

The bond, reserved to institutional investors, is issued under the Banco BPM S.p.A. EMTN Programme. Listing will be on the Luxembourg Exchange, with the following expected ratings for the bond: Ba2 (Moody's), BBB Low (DBRS).

Banca Akros, Citi, Mediobanca, Morgan Stanley, Santander and UBS have managed the placement acting as joint bookrunners.

For additional information:

Investor Relations Roberto Peronaglio +39 02.94.77.2108 investor.relations@bancobpm.it

Communication Matteo Cidda +39 02.77.00.7438 matteo.cidda@bancobpm.it Media Relations Monica Provini +39 02.77.00.3515 monica.provini@bancobpm.it