Banca Ifis

Capital/Financing Update • Oct 10, 2017

Informazione Regolamentata n. 0147-69-2017		Data/Ora Ricezione 10 Ottobre 2017 16:44:29	MTA - Star
Societa'	:	BANCA IFIS
Identificativo Informazione Regolamentata	:	94653
Nome utilizzatore	:	IFISN01 - DI GIORGIO
Tipologia	:	REGEM
Data/Ora Ricezione	:	10 Ottobre 2017 16:44:29
Data/Ora Inizio Diffusione presunta	:	10 Ottobre 2017 16:44:29
Oggetto	:	Banca IFIS, successful placement of its first, Tier 2 subordinated bond
Testo del comunicato

Vedi allegato.

PRESS RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED), OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

The information herein does not constitute or form part of any offer to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company in the United States or elsewhere. Neither the information nor any part of it shall form the basis of, or be relied on, in connection with, any contract, commitment or investment decision in relation thereto nor does it constitute a recommendation by the Company regarding the securities of the Company.

Banca IFIS, successful placement of its first Tier 2 subordinated bond

Mestre (Venice), 10 October 2017 – Today Banca IFIS (rating Fitch BB+, outlook stable) has successfully completed the Placement of its first Tier 2 subordinated bond, for an amount much higher than expectations. The issue involves a Tier 2 subordinated bond, having a 10 year maturity callable after 5 years from the issue date for a total amount of 400 million Euro.

The bond pays a fixed rate coupon of 4.5% and has an issue price of 100%. The bond gathered strong demand, confirming high interest for the Group, attracting 120 institutional investors and orders for over 850 million Euro, allocated according to the following geographical breakdown: Italy (53%), UK & Ireland (32%), Switzerland (9%), Nordics (2%), Benelux (2%), other (2%). Allocation by type of investor is as follows: Fund Managers (75%) Banks & Private Banks (24%), other (1%).

The bond, which is reserved to institutional investors in Italy and abroad with the exclusion of the United States of America, is issued off Banca IFIS S.p.A. EMTN Programme and will be listed in the regulated EU market of the Irish Stock Exchange. Based on the subordinated status, the expected rating of bond is [BB] by Fitch. Nomura, UBS and Unicredit acted as joint bookrunners.

The notes the subject of this press release (the "Notes") will only be offered and sold outside the United States to institutional investors that are non‐U.S. persons under Regulation S and have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or any other securities laws. The Notes may not be offered or sold in the United States, or to, or for the account or benefit of, US persons absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell the Notes or an offer of financial products, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer or sale would be unlawful. No action has been or will be taken to permit a public offering of the Notes in any jurisdiction. This press release is not an offer of securities for sale or an offer of financial products in the United States or any other jurisdiction. The securities may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the Securities Act) unless registered under the Securities Act or pursuant to an exemption from such registration. The offering of the Notes has not been cleared by the Commissione Nazionale per le Società e la Borsa (CONSOB), pursuant

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to Italian securities legislation. Accordingly, the Notes have not been and will not be offered, sold or delivered in Italy in a public offering ('offerta al pubblico') except in circumstances which are exempted from the rules on public offerings pursuant to Italian applicable laws and regulations, and the Notes may only be offered, sold or delivered in Italy in compliance with all Italian applicable laws and regulations. This press release is directed only (i) at persons who are outside the United Kingdom, (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended or (ii) at persons falling within Article 49(2) (a) to (d) ('high net worth companies, unincorporated associations, etc.') of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (all such persons together being referred to as 'relevant persons'). This press release must not be acted on or relied on by persons who are not relevant persons. Any investment activity to which this press release relates is reserved for relevant persons only and may only be engaged in by relevant persons.

Banca IFIS S.p.A.
Head of Communication	Press Office and PR
Mara Di Giorgio	Chiara Bortolato
Cell: +39 335 7737417	Cell: +39 3669270394
mara.digiorgio@bancaifis.it	chiara.bortolato@bancaifis.it
www.bancaifis.it
	Press Office
	Lavinia Piana
	Cell: +39 3469425022
	Lavinia.piana@bancaifis.it