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FinecoBank
Capital/Financing Update • Oct 12, 2021
4321_tar_2021-10-12_1f81b5c8-a0ca-4ea8-aef0-443dfeeccc4e.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 1615-64-2021 |
Data/Ora Ricezione 12 Ottobre 2021 11:25:07 |
MTA | |
|---|---|---|---|
| Societa' | : | FINECOBANK | |
| Identificativo Informazione Regolamentata |
: | 152934 | |
| Nome utilizzatore | : | FINECOBANKN02 - Spolini | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 12 Ottobre 2021 11:25:07 | |
| Data/Ora Inizio Diffusione presunta |
: | 12 Ottobre 2021 11:25:08 | |
| Oggetto | : | PR - FinecoBank is considering a possible issue of Senior Preferred instruments |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
FinecoBank is considering a possible issue of Senior Preferred instruments
Milan, 12 October 2021
FinecoBank informs that the Board of Directors has authorized the issue of a Senior Preferred instrument ("SP") by the end of 2021 with the objective of optimize the MREL eligible liabilities. The requirement provided by the Bank of Italy has already been communicated to the market on 31 August 2021.
The SP instrument will be denominated in Euros and intended for subscription by qualified investors, for a maximum nominal amount of €500 million, and an application will be made for it to be listed on the Multilateral Trading Facility Global Exchange Market (GEM) managed by Euronext Dublin. The widest powers have been granted to the CEO and the General Manager to make any assessments regarding the actual execution of the issue, based on market conditions.
To this end, a mandate has been given to Citigroup Global Markets Limited, Mediobanca - Banca di Credito Finanziario S.p.A., Morgan Stanley & Co. Limited and UniCredit Bank AG as joint bookrunners and joint lead managers, to arrange investor calls with potential investors in Europe, from 12 to 13 October, 2021.
Following the investor calls and subject to favorable market conditions, FinecoBank reserves the right to proceed with the issue of the Senior Preferred instrument.
FinecoBank
FinecoBank is one of the leading FinTech banks in Europe. Listed on the FTSE MIB, Fineco offers a unique business model in Europe, combining the best platforms with a large network of financial advisors. It offers banking, credit, trading and investment services from a single account through transactional and advisory platforms developed with proprietary technologies. Fineco is a leader in brokerage in Europe, and one of the most important players in Private Banking in Italy, with advanced and highly personalized advisory services. Since 2017, FinecoBank has also been active in the UK, with an offering focused on brokerage, banking and investment services. In 2018, Fineco Asset Management was founded in Dublin, whose mission is to develop investment solutions in partnership with the best international managers.
Contact Details:
Fineco - Media Relations Fineco - Investor Relations Phone: +39 02 2887 2256 Phone: +39 02 2887 3736/2358 [email protected] [email protected]
Barabino & Partners Phone: +39 02 72023535 Emma Ascani +39 335 390 334 [email protected]