Topgun76
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500k,aver lavorato presso un'istituzione finanziaria almeno 1 anno,e tot numero di operazioni
BAMI 2027 callable (10nc5) Sub Tier2 4.375% XS1686880599
500k,aver lavorato presso un'istituzione finanziaria almeno 1 anno,e tot numero di operazioni
Pred_01
compro i sogni
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Grazie.
Jho
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Basta soddisfare almeno 2 delle 3
rivetto
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Issuer / Ticker Banco BPM S.p.A (“BAMIIM)
Issuer Ratings Ba2/BBBL (Moody’s, DBRS)
Exp. Issue Ratings B2/BB (Moody’s/DBRS)
Ranking Subordinated Notes (Tier 2 eligible), direct,
unsecured ranking after unsubordinated unsecured
creditors (including depositors) of the Issuer,
at least pari passu with all other subordinated
obligations of the Issuer which do not rank
junior or senior to such Series of Subordinated
Notes and in priority to shareholders and claims
of creditors holding instruments more
subordinated than the Notes (including without
limitation instruments qualifying as Tier 1
capital)
Format RegS Bearer (no communications with or into the
U.S., no sales into Canada)
Size EUR 500m
Maturity / Call Structure 10NC5
Settlement Date 21 September 2017 (T+5)
Call Date 21 September 2022
Maturity 21 September 2027
Issuer Call One time optional call on 21 September 2022
(Year 5) (the Optional Redemption Date) at par
in whole but not in part, subject to the prior
approval of the Relevant Authority
Coupon Initially set at 4.375% per annum; reset over the
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
Use of Proceeds General Corporate Purposes
Special Event Redemption Callable at any time at par in whole but not in
part for tax reasons or upon the occurrence of
a Regulatory Event subject to the prior approval
of the Relevant Authority
Regulatory Call A Regulatory Event means that as a result of a
change (or pending change which is reasonably
certain to occur) in Italian law or Applicable
Banking Regulations or any change (or pending
change which is reasonably certain to occur) in
the official application or interpretation
thereof, the Notes cease, or would be reasonably
likely to cease, to qualify either in whole or in
part as Tier 2 Capital of the Issuer for the
purposes of (1) the capital adequacy requirements
of the Relevant Authority or (2) any regulation,
directive or other binding rules, standards or
decisions adopted by the institutions of the
European Union
Tax Call A tax call will be deemed to occur if on the
occasion of the next payment due under the Notes,
the Issuer has or will become obliged to pay
additional amounts as a result of any change in,
or amendment to, the laws or regulations of a Tax
Jurisdiction or any change in the interpretation
of such laws or regulations, which change or
amendment becomes effective on or after the date
on which agreement is reached to issue the first
Tranche of the Notes and such obligation cannot
be avoided by the Issuer taking reasonable
measures available to it
Set Off Holders will unconditionally and irrevocably
waive any right of set-off, counterclaim,
abatement or other similar remedy which it might
otherwise have under the laws of any jurisdiction
in respect of such Note
Bail-in power / PONV The Subordinated Notes may be subject to Loss
Absorption Requirement as required under the
BRRD, as implemented in Italy. Non-viability loss
absorption is also applicable
Denominations €100k + €1k
Listing/Docs Luxembourg Stock Exchange
Governing Law English, except for subordination and Loss
Absorption Requirement which is governed by
Italian law
Joint Bookrunners Banca Akros, Barclays, Citi, GS, JPM, SG CIB
ISIN XS1686880599
Timing FTT @ 15:45 UKT
Issuer Ratings Ba2/BBBL (Moody’s, DBRS)
Exp. Issue Ratings B2/BB (Moody’s/DBRS)
Ranking Subordinated Notes (Tier 2 eligible), direct,
unsecured ranking after unsubordinated unsecured
creditors (including depositors) of the Issuer,
at least pari passu with all other subordinated
obligations of the Issuer which do not rank
junior or senior to such Series of Subordinated
Notes and in priority to shareholders and claims
of creditors holding instruments more
subordinated than the Notes (including without
limitation instruments qualifying as Tier 1
capital)
Format RegS Bearer (no communications with or into the
U.S., no sales into Canada)
Size EUR 500m
Maturity / Call Structure 10NC5
Settlement Date 21 September 2017 (T+5)
Call Date 21 September 2022
Maturity 21 September 2027
Issuer Call One time optional call on 21 September 2022
(Year 5) (the Optional Redemption Date) at par
in whole but not in part, subject to the prior
approval of the Relevant Authority
Coupon Initially set at 4.375% per annum; reset over the
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
Use of Proceeds General Corporate Purposes
Special Event Redemption Callable at any time at par in whole but not in
part for tax reasons or upon the occurrence of
a Regulatory Event subject to the prior approval
of the Relevant Authority
Regulatory Call A Regulatory Event means that as a result of a
change (or pending change which is reasonably
certain to occur) in Italian law or Applicable
Banking Regulations or any change (or pending
change which is reasonably certain to occur) in
the official application or interpretation
thereof, the Notes cease, or would be reasonably
likely to cease, to qualify either in whole or in
part as Tier 2 Capital of the Issuer for the
purposes of (1) the capital adequacy requirements
of the Relevant Authority or (2) any regulation,
directive or other binding rules, standards or
decisions adopted by the institutions of the
European Union
Tax Call A tax call will be deemed to occur if on the
occasion of the next payment due under the Notes,
the Issuer has or will become obliged to pay
additional amounts as a result of any change in,
or amendment to, the laws or regulations of a Tax
Jurisdiction or any change in the interpretation
of such laws or regulations, which change or
amendment becomes effective on or after the date
on which agreement is reached to issue the first
Tranche of the Notes and such obligation cannot
be avoided by the Issuer taking reasonable
measures available to it
Set Off Holders will unconditionally and irrevocably
waive any right of set-off, counterclaim,
abatement or other similar remedy which it might
otherwise have under the laws of any jurisdiction
in respect of such Note
Bail-in power / PONV The Subordinated Notes may be subject to Loss
Absorption Requirement as required under the
BRRD, as implemented in Italy. Non-viability loss
absorption is also applicable
Denominations €100k + €1k
Listing/Docs Luxembourg Stock Exchange
Governing Law English, except for subordination and Loss
Absorption Requirement which is governed by
Italian law
Joint Bookrunners Banca Akros, Barclays, Citi, GS, JPM, SG CIB
ISIN XS1686880599
Timing FTT @ 15:45 UKT
rivetto
Nuovo Utente
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debe2000
BTP 2067 in attesa di Draghi
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- 31/8/01
- Messaggi
- 55.807
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Me ne hanno dato un lotto ed ora si scende
TheLondoner
Age quod agis
- Registrato
- 23/5/07
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- 626
Coupon Initially set at 4.375% per annum; reset over the
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
il bond va valutato sostanzialmente come un 5y @4,375%.
Successivamente se non richiamato alla data call, ricalcola la cedola con aggiungendo 417,9 punti base al tasso swap 5y.
Direi non proprio male.
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
il bond va valutato sostanzialmente come un 5y @4,375%.
Successivamente se non richiamato alla data call, ricalcola la cedola con aggiungendo 417,9 punti base al tasso swap 5y.
Direi non proprio male.
rivetto
Nuovo Utente
- Registrato
- 19/10/12
- Messaggi
- 6.193
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- 1.680
Coupon Initially set at 4.375% per annum; reset over the
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
il bond va valutato sostanzialmente come un 5y @4,375%.
Successivamente se non richiamato alla data call, ricalcola la cedola con aggiungendo 417,9 punti base al tasso swap 5y.
Direi non proprio male.
Beh, se guardi la lg 22.....it0005120313...di questa ti innamori...
debe2000
BTP 2067 in attesa di Draghi
- Registrato
- 31/8/01
- Messaggi
- 55.807
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- 3.032
Che spazio pensi possa avere?
Coupon Initially set at 4.375% per annum; reset over the
5-year mid-swap rate on the Optional Redemption
Date plus the initial margin (417.9bps) . Payable
annually in arrear
Reoffer 100.00 / 4.375% / DBR 1.5 09/22 + 471.9 (109.244)
il bond va valutato sostanzialmente come un 5y @4,375%.
Successivamente se non richiamato alla data call, ricalcola la cedola con aggiungendo 417,9 punti base al tasso swap 5y.
Direi non proprio male.
TheLondoner
Age quod agis
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- 23/5/07
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- 626
lascio spazio all'immaginazione
Quella è un po' supportata perchè IT, ma quest'emissione l'aspettavo da tempo.
rivetto
Nuovo Utente
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lascio spazio all'immaginazione.
..."qualcosa" abbiamo avuto ...
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Nuovo Utente
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debe2000
BTP 2067 in attesa di Draghi
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- 31/8/01
- Messaggi
- 55.807
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Ask 100,2
