Banco BPM SpA

Capital/Financing Update • Mar 1, 2019

Informazione Regolamentata n. 1928-23-2019		Data/Ora Ricezione 01 Marzo 2019 18:51:06	MTA
Societa'	:	Banco BPM S.p.A.
Identificativo Informazione Regolamentata	:	114562
Nome utilizzatore	:	BANCOBPMN08 - Marconi
Tipologia	:	3.1
Data/Ora Ricezione	:	01 Marzo 2019 18:51:06
Data/Ora Inizio Diffusione presunta	:	01 Marzo 2019 18:51:07
Oggetto	:	NR_Banco BPM launched a new senior preferred - unsecured transaction
Testo del comunicato

Vedi allegato.

NEWS RELEASE

Banco BPM: launched a new senior preferred - unsecured transaction

150 institutional investors involved and an order-book higher than €1.3 billion

Milano, 1st March 2019 – Banco BPM S.p.A. communicates to have launched today a new senior preferred - unsecured transaction with a 3-year maturity and a size of €750 million.

The bond pays a fixed rate coupon of 2% and has an issue price of 99.957%, consistent with a spread of 2.05% over the 3-year swap rate.

The transaction has encountered a good demand, with approx. 150 institutional investors involved and an order-book higher than €1.3 billion.

The geographical distribution is the following: 62% originated in Italy, 16% in the UK & Ireland, 8% in France, 6% in Germany and Austria; the transaction has been placed mainly to fund managers (61%), banks & private banks (31%) and insurance & pension funds (7%).

The bond, reserved to institutional investors, is issued under the Banco BPM S.p.A. EMTN Programme. Listing will be on the Luxemburg Exchange.

The expected ratings for the bond are as follows: Ba2 (Moody's), BBB Low (DBRS).

Banca Akros, Banca IMI, Barclays, Credit Agricole CIB, Credit Suisse and Société Générale have managed the placement acting as joint bookrunners.

Per informazioni:

Investor Relations Roberto Peronaglio +39 02.77.00.2057 investor.relations@bancobpm.it

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