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Banca Monte dei Paschi di Siena
Capital/Financing Update • Jun 11, 2025
4171_rns_2025-06-11_ab853118-b902-4b65-ae60-98afdf1651ea.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0035-63-2025 |
Data/Ora Inizio Diffusione 11 Giugno 2025 19:59:58 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | BANCA MONTE DEI PASCHI DI SIENA | |
| Identificativo Informazione Regolamentata |
: | 206863 | |
| Utenza - referente | : | PASCHIN05 - Avv. Quagliana | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 11 Giugno 2025 19:59:58 | |
| Data/Ora Inizio Diffusione | : | 11 Giugno 2025 19:59:58 | |
| Oggetto | : | BMPS: PRESS RELEASE | |
| Testo del comunicato |
Vedi allegato
PRESS RELEASE
BANCA MPS SUCCESSFULLY PLACES A EUR 750 MILLION EUROPEAN COVERED BOND (PREMIUM) DUE JANUARY 2031
DEMAND FROM ITALIAN AND INTERNATIONAL INSTITUTIONAL INVESTORS ABOVE EUR 1.5 BILLION
Siena, 11 June 2025 - Banca Monte dei Paschi di Siena S.p.A. (the "Bank" or "BMPS") has successfully completed the placement of a EUR 750 million Conditional Pass Through ("CPT") European Covered Bond maturing on 18 January 2031, targeted at institutional investors.
Confirming the strong interest in the Bank by Italian and international investors, orders rapidly surpassed EUR 1.5 billion, allowing to increase the size of the transaction to EUR 750 million, compared to an initial size of EUR 500 million, while maintaining competitive conditions. The coupon was set at 2.750% per annum, with a re-offer price of 99.728 corresponding to a yield of 2.805% and a spread of 54 bps over the reference rate. The spread is significantly lower compared to the previous Covered Bond issuance dated July 2024, which had a spread of 65 bps for a 6-years maturity.
The bond, with an expected rating of Aa3 / AA / AA (Moodys / Fitch / Morningstar DBRS), was placed with a broad panel of institutional investors. The geographical distribution reflects a widespread national and international interest, with, among others, Italy at 61%, the United Kingdom and Ireland at 19% and other Northern European countries at 12%.
Banca Monte Dei Paschi di Siena, Barclays, Crédit Agricole CIB, NatWest, Santander, Société Générale and UniCredit acted as Joint Bookrunners in the transaction.
The Covered Bond will be listed on the Luxembourg Stock Exchange.
This press release will be available on www.gruppomps.it
For further information:
Banca Monte dei Paschi di Siena S.p.A. Relazioni Media Investor Relations +39 0577 296634 +39 0577 299350 [email protected] [email protected]
Image Building Cristina Fossati, Anna Pirtali +39 02 89011300 [email protected]
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