Nell’ultima settimana borsistica, i principali indici globali hanno messo a segno performance positive. In assenza di dati macro di rilievo, gli operatori si sono focalizzati sugli utili societari e sulle banche centrali. La stagione delle trimestrali è infatti entrata nel vivo in Europa e a Piazza Affari con oltre la metà dei 40 titoli che compongono il Ftse Mib ad alzare il velo sui conti. Per quanto riguarda le banche centrali, la Reserve Bank of Australia ha lasciato i tassi di interesse invariati, come previsto. Anche la Bank of England ha lasciato fermi i tassi, con due voti a favore di un taglio immediato sui nove totali. La Riksbank svedese ha invece tagliato i tassi per la prima volta in otto anni, riducendo il costo del denaro di 25 punti base al 3,75%, evidenziando la divergenza dell’Europa dalla linea dura della Fed. Per continuare a leggere visita il 
Corenno
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- Registrato
- 5/9/06
- Messaggi
- 184
- Punti reazioni
- 35
Issuer: Banco BPM S.p.A (BAMIIM)
Issuer Ratings: Ba2 Negative (Moody’s), BBBL Negative (DBRS)
Expected Issue Ratings: B1 (Moody’s), BB (DBRS)
Security Subordinated Tier 2
Offering Format:
RegS, Compliance Category 2; Bearer form, TEFRA D (no communications into the US)
Issue Size: €500m (WNG)
Settlement Date: 14 September 2020 (T+5)
Maturity Date: 14 September 2030
Optional Redemption Date: At par. In whole but not in part, on 14 September 2025 at the Issuer’s discretion, subject to regulatory approval
Coupon/Interest: %, Fixed rate, Act/Act, payable annually in arrears. Single reset on 14 September 2025 to the prevailing 5-y Euro Mid Swap Rate plus the Initial Margin
IPT: 5.125% area
Tax Call:
At par. Applicable as per Condition 6.2 of the Terms & Conditions for the Italian Law Notes in the EMTN Programme, at their Early Redemption Amount together with accrued interest to (but excluding) the date of redemption
Reg Call:
At par. Applicable as per Condition 6.3 of the Terms & Conditions for the Italian Law Notes in the EMTN Programme, at their Early Redemption Amount together with accrued interest to (but excluding) the date of redemption
Loss Absorption / Contractual recognition of statutory bail-in power:
Subordinated Notes may be subject to loss absorption on any application of the general bail-in tool or at the point of non-viability of the Issuer discussed in Risk Factors of the EMTN Programme ; Each Noteholder acknowledges and agrees to be bound by the exercise of any Bail-in Power by the Relevant Authority
Docs: EMTN Programme; base prospectus dated 6 July 2020, as supplemented on 28 August 2020
Denoms: €100k + 1k
Listing: Luxembourg Stock Exchange’s Regulated Market
Governing Law: Italian Law
Target Market: Eligible Counterparties and Professional clients only (all distribution channels) No PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the UK
Issuer Ratings: Ba2 Negative (Moody’s), BBBL Negative (DBRS)
Expected Issue Ratings: B1 (Moody’s), BB (DBRS)
Security Subordinated Tier 2
Offering Format:
RegS, Compliance Category 2; Bearer form, TEFRA D (no communications into the US)
Issue Size: €500m (WNG)
Settlement Date: 14 September 2020 (T+5)
Maturity Date: 14 September 2030
Optional Redemption Date: At par. In whole but not in part, on 14 September 2025 at the Issuer’s discretion, subject to regulatory approval
Coupon/Interest: %, Fixed rate, Act/Act, payable annually in arrears. Single reset on 14 September 2025 to the prevailing 5-y Euro Mid Swap Rate plus the Initial Margin
IPT: 5.125% area
Tax Call:
At par. Applicable as per Condition 6.2 of the Terms & Conditions for the Italian Law Notes in the EMTN Programme, at their Early Redemption Amount together with accrued interest to (but excluding) the date of redemption
Reg Call:
At par. Applicable as per Condition 6.3 of the Terms & Conditions for the Italian Law Notes in the EMTN Programme, at their Early Redemption Amount together with accrued interest to (but excluding) the date of redemption
Loss Absorption / Contractual recognition of statutory bail-in power:
Subordinated Notes may be subject to loss absorption on any application of the general bail-in tool or at the point of non-viability of the Issuer discussed in Risk Factors of the EMTN Programme ; Each Noteholder acknowledges and agrees to be bound by the exercise of any Bail-in Power by the Relevant Authority
Docs: EMTN Programme; base prospectus dated 6 July 2020, as supplemented on 28 August 2020
Denoms: €100k + 1k
Listing: Luxembourg Stock Exchange’s Regulated Market
Governing Law: Italian Law
Target Market: Eligible Counterparties and Professional clients only (all distribution channels) No PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the UK
