Joint Bookrunner in the inaugural issue of Cassa Centrale Banca

IMI Corporate & Investment Banking Division acted as Joint Lead Manager in the inaugural 500 million euro 4NC3 Senior Preferred issue launched by Cassa Centrale Banca (“the issuer”, “CCB”).

Notes are issued under the CCB 3 billion euro EMTN Programme and listed at Dublin Stock Exchange. The deal was issued at par with a coupon of 5.885% and an expected rating of BBBL/BBB- by DBRS and Fitch.

The deal saw the participation of over 150 primary investors and around 67% of the new issue was allocated to foreign accounts.