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Banco BPM SpA — Capital/Financing Update 2018
Apr 16, 2018
4282_rns_2018-04-16_a20aedcb-32b2-493f-9150-ed43e30bb691.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 1928-48-2018 |
Data/Ora Ricezione 16 Aprile 2018 20:00:44 |
MTA | |
|---|---|---|---|
| Societa' | : | Banco BPM S.p.A. | |
| Identificativo Informazione Regolamentata |
: | 102266 | |
| Nome utilizzatore | : | BANCOBPMN08 - Marconi | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 16 Aprile 2018 20:00:44 | |
| Data/Ora Inizio Diffusione presunta |
: | 16 Aprile 2018 20:00:45 | |
| Oggetto | : | SUCCESSFULLY COMPLETED | PR_EURO 500 MILLION 5-YEAR SENIOR PREFERRED BOND UNSECURED ISSUE |
| Testo del comunicato |
Vedi allegato.
NEWS RELEASE
EURO 500 MILLION 5-YEAR SENIOR PREFERRED BOND UNSECURED ISSUE
SUCCESSFULLY COMPLETED
Milano, 16th April 2018 – Banco BPM S.p.A. communicates to have launched today a new senior preferred - unsecured transaction with a 5-year maturity and a size of €500 million.
The bond pays a fixed rate coupon of 1.75% and has an issue price of 99.64%, consistent with a spread of 1.45% over the 5-year swap rate.
The transaction has encountered a good demand, with approx. 90 institutional investors involved and an order-book higher than €700 million.
The transaction has been placed mainly with fund managers (59%), banks & private banks (31%) and insurance & pension funds (8%).
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, BNP Paribas, Banca IMI, Bank of America - Merrill Lynch, Deutsche Bank and Goldman Sachs, have managed the placement acting as joint bookrunners.
For Information:
Investor Relations Roberto Peronaglio +39 02.77.00.2057 [email protected] Communications Matteo Cidda +39 02.77.00.7438 [email protected] Media Relations +39 02.77.00.3784 [email protected]