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Unipol — Capital/Financing Update 2017
Nov 21, 2017
4405_rns_2017-11-21_2784ab85-c5c9-4492-b650-032c852cf1b6.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0265-72-2017 |
Data/Ora Ricezione 21 Novembre 2017 22:04:07 |
MTA | |
|---|---|---|---|
| Societa' | : | UNIPOL | |
| Identificativo Informazione Regolamentata |
: | 96265 | |
| Nome utilizzatore | : | UNIPOLN08 - Giay | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 21 Novembre 2017 22:04:07 | |
| Data/Ora Inizio Diffusione presunta |
: | 21 Novembre 2017 22:04:08 | |
| Oggetto | : | a senior debenture loan | Press Release Unipol Group: placement of |
| Testo del comunicato |
Vedi allegato.
PLACEMENT OF A SENIOR DEBENTURE LOAN OF €500M
Bologna, 21 November 2017
Today, Unipol Gruppo S.p.A. (the "Company") launched the placement of a non-convertible, nonsubordinated, and unsecured debenture loan of €500m for ten years reserved exclusively for qualified investors.
The above loan, to be issued drawing from the Company's debenture issue program called "€2,000,000,000 Euro Medium Term Notes" will have the following characteristics: €500m in principal amount expiring in November 2027, issue price of 99.842%, and coupon of 3.50%.
The settlement date of the loan is scheduled for 29 November 2017, i.e. the date on which the debentures are expected to be listed on the regulated market of the Luxembourg Stock Exchange, subject to the relevant contractual documentation being signed and to meeting the conditions precedent upon the issue.
It is expected that securities representing the debenture loan will be assigned a rating of "Ba2" and "BB+" by Moody's and Fitch, respectively.
The placement of the debenture loan will be managed by JP Morgan, Mediobanca – Banca di Credito Finanziario S.p.A. and UniCredit as Joint Lead Managers.
Unipol Gruppo S.p.A.
Unipol is one of the main insurance groups in Europe, with total premiums of roughly €14.8bn, of which €7.8bn in Non-Life and €7bn in Life (figures from 2016). Unipol adopts an integrated offer strategy and covers the entire range of insurance and financial products, operating primarily through the subsidiary UnipolSai Assicurazioni S.p.A., founded at the start of 2014 and a leader in Italy in the Non-Life business, particularly MV TPL. The Group is also active in direct MV insurance (Linear Assicurazioni), transport and aviation insurance (Siat), health insurance (UniSalute) and supplementary pensions, and maintains a presence in the bancassurance channel. Lastly, it also operates in the banking realm through the network of Unipol Banca branches and manages significant diversified assets in the real estate, hotel and agricultural (Tenute del Cerro) sectors. Unipol Gruppo S.p.A. is listed on the Italian Stock Exchange.
Unipol Gruppo
Media Relations Fernando Vacarini T. +39 051 5077705 [email protected] Investor Relations Adriano Donati T. +39 051 5077933 [email protected]
Follow us Unipol Gruppo @UnipolGroup\_PR http://changes.unipol.it www.unipol.it
Barabino & Partners
Massimiliano Parboni T. +39 335 8304078 [email protected] Giovanni Vantaggi T. +39 328 8317379 [email protected]