The first Italian green BTP bond has been placed

Intesa Sanpaolo, through the IMI Corporate & Investment Banking Division, has participated as Structuring Advisor, Lead Manager and Bookrunner in the issuance of the first Italian green BTP.

This was the largest inaugural Green Bond issuance in Europe, with an issued amount of EUR 8.5Bn against demand of EUR 80Bn. 

The proceeds raised through the issuance of Green BTPs provide financing for expenditures having a positive environmental impact by the Italian State, as described in the Green Bond Framework.