Banca Ifis

Capital/Financing Update • Jan 12, 2023

Informazione Regolamentata n. 0147-2-2023		Data/Ora Ricezione 12 Gennaio 2023 18:02:15	Euronext Star Milan
Societa'	:	BANCA IFIS
Identificativo Informazione Regolamentata	:	171427
Nome utilizzatore	:	IFISN01 - DA RIO
Tipologia	:	REGEM; 2.2
Data/Ora Ricezione	:	12 Gennaio 2023 18:02:15
Data/Ora Inizio Diffusione presunta	:	12 Gennaio 2023 18:02:20
Oggetto	:	Banca Ifis: successful issue of the 300 million Euro bond maturing in 4 years
Testo del comunicato

Vedi allegato.

PRESS RELEASE

Banca Ifis: successful issue of the 300 million Euro bond maturing in 4 years

Mestre (Venice), 12 January - Today, Banca Ifis successfully completed the placement of a Senior Preferred bond issue under its EMTN programme amounting to 300 million Euro. The transaction was intended for institutional investors.

Specifically, the issue has a maturity of four years, with a settlement date scheduled for 19 January 2023. The reoffer price is 99,569, for a return at maturity of 6,25% and a coupon that is payable annually in the amount of 6,125%. The bond will be listed on Euronext Dublin and has an expected rating of BB+ by Fitch and Baa3 by Moody's.

The bond placement is part of the EMTN funding programme envisaged in the Bank's Business Plan for the three-year period 2022-24, which estimates 2,5 billion Euro of new placements.

"We are pleased with the response we received from the market, which welcomed our issue, despite the fact that the international financial context is not easy. The higher demand for membership confirms once again that Banca Ifis is a reliable interlocutor for major institutional investors at national and international level. The path for the diversification of supply sources, aimed at enabling the Bank to continue its sustainable growth path that was outlined in the Business Plan for the three-year period 2022-2024, continues," says Frederik Geertman, CEO of Banca Ifis.

In the transaction, Banca Ifis was supported by Credit Agricole, Morgan Stanley, Banco Santander and UniCredit as joint bookrunners while Stifel acted as co-manager. BonelliErede provided legal assistance to Banca Ifis, while Clifford Chance supported the joint bookrunners and the co-manager.

Rosalba Benedetto Head of Communications, Marketing and External Relations Banca Ifis S.p.A.

Davide Tammaro Brand & Corporate Reputation Manager davide.tammaro@bancaifis.it +39 366 6258525

Martino Da Rio Head of IR and Corporate Development Banca Ifis S.p.A. +39 02 24129953

Davide Pastore Media Relations davide.pastore@bancaifis.it +39 337 1115357