Unipol — Capital/Financing Update 2020

Sep 16, 2020

Informazione Regolamentata n. 0265-75-2020		Data/Ora Ricezione 16 Settembre 2020 19:54:53	MTA
Societa'	:	UNIPOL
Identificativo Informazione Regolamentata	:	137018
Nome utilizzatore	:	UNIPOLN04 - Giay
Tipologia	:	3.1
Data/Ora Ricezione	:	16 Settembre 2020 19:54:53
Data/Ora Inizio Diffusione presunta	:	16 Settembre 2020 19:54:54
Oggetto	:	Press release Unipol completed the placement of its first green bond
Testo del comunicato

Vedi allegato.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO OR TO ANY PERSON LOCATED AND RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO

UNIPOL SUCCESSFULLY COMPLETED THE PLACEMENT OF ITS FIRST GREEN BOND

Bologna, 16 September 2020

Following what has been announced to the market on 14 September, Unipol Gruppo S.p.A. ("Unipol" or the "Company") announces that it has completed today the placement among domestic and international institutional investors of senior unsecured non-convertible notes, under its recently renewed EMTN programme, for a nominal amount equal to Euro 750 million (the "Notes") with issue date on 23 September and 10-year tenor (therefore until its maturity on 23 September 2030).

The Notes will qualify as "green bonds" confirming the Unipol Group's commitment to the sustainability and will be compliant with the Green Bond Framework of the Company on which a second party opinion has been issued by Sustainalytics.

The Notes will be issued at an issue price equal to 99.756% and will pay an annual fixed rate coupon equal to 3.25% (350 basis points above the mid-swap rate of corresponding tenor based on today's fixing).

The issuance sparked a strong interest from investors, confirming the solid reputation of the Unipol Group on the international markets. In the course of the placement, orders for more than Euro 3 billion have been allocated, covering four times the book. More than 80% of the Notes have been placed among international institutional investors.

Notes' expected ratings are Moody's Ba2 and Fitch BB+.

The Notes will be listed on the regulated market of the Luxembourg Stock Exchange.

BNP Paribas, Intesa Sanpaolo, J.P. Morgan, Mediobanca e UniCredit Bank. Will act as Joint Lead Managers in connection with the issuance.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO OR TO ANY PERSON LOCATED AND RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO

Unipol Gruppo S.p.A.

Unipol is one of the biggest insurance groups in Europe and the leading company in Italy in the non-life insurance sector, (especially in the MV and health businesses), with total premiums of approximately €14.0bn, of which €8.2bn in non-Life and €5.8bn in life (2019 figures). 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. The Group is also active in direct MV insurance (Linear Assicurazioni), transport and aviation insurance (Siat), health insurance (UniSalute), supplementary pensions and also covers the bancassurance channel (Arca Vita, Arca Assicurazioni and Incontra). It also manages significant diversified assets in the debt collection (UnipolReC), real estate, hotel (Gruppo UNA), medical-healthcare and agricultural (Tenute del Cerro) sectors. Unipol Gruppo S.p.A. is listed on the Italian Stock Exchange.