| Issuer: | ICCREA Banca S.p.A. (the “Issuer”) |
| Issuer Rating (S/F/DBRS): | BB+ (Stable) / BB- (Positive) / BBH (Stable) |
| Issue Expected Rating (S/F): | BB+ / BB- |
| Status of the Notes: | Senior Preferred Unsecured |
| Form of Notes: | Reg S, Bearer form, New Global Note, TEFRA D Rules apply, no communications with or into the US or Canada (excluding Ontario) |
| Principal Amount: | EUR Benchmark |
| IPT: | 7.125% area (eq. ~MS+422) |
| Settlement Date: | [20] January 2023 (T+6) |
| Maturity Date: | [20] January 2028 |
| Optional Redemption Date (Call): | [20] January 2027 (one-time call option, at par, in whole but not in part, at the Issuer’s discretion) pursuant to Condition 10(e) of the Terms and Conditions of the Italian Law Notes |
| Coupon: | [•]% Fixed, Annual, Act/Act (ICMA) payable in arrear, following unadjusted until the Optional Redemption Date (Call) (Fixed Rate Period). If not redeemed on the Optional Redemption Date (Call), quarterly coupon of 3m€+[•]bps Floating, Actual/360 (Floating Rate Period) |
| Interest Payment Dates: | For the Fixed Rate Period: annually every [20] January, starting from [20] January 2024 (First Interest Payment Date) until [20] January 2027 For the Floating Rate Period: quarterly on 20 April 2027, 20 July 2027, 20 October 2027 and on the Maturity Date |
| Redemption: | 100% of the Principal Amount |
| Use of Proceeds: | An amount equivalent to the net proceeds of the notes will be allocated to finance or refinance, in whole or in part, Eligible Social Assets as defined within the Issuer’s Green, Social & Sustainability Bond Framework dated October 2021, with particular focus on SMEs financing in disadvantaged areas. The Framework is available on the Issuer's website at https://www.gruppobcciccrea.it/Documents/Iccrea_Green Social Sustainability Bond Framework.pdf |
| Optional Redemption upon a MREL Disqualification Event: | The Notes may be redeemed at the option of the Issuer, in whole but not in part, at any time upon the occurrence of a MREL Disqualification Event (pursuant to Condition 10(d) of the Terms and Conditions of the Italian Law Notes) |
| Redemption for tax reason: | The Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time for taxation reasons (obligation to pay additional amounts as a result of amendment to tax legislation) pursuant to Condition 10(b) of the Terms and Conditions of the Italian Law Notes |
| Waiver of Set-Off: | Each Noteholder will unconditionally and irrevocably waive any right of set-off, netting, counterclaim, abatement or other similar remedy which it might otherwise have, under the laws of any jurisdiction, in respect of such Senior Preferred Unsecured Note |
| Bail-in Acknowledgment: | Each Noteholder will acknowledge and agree to be bound by the exercise of any Bail-in Power by the Relevant Authority |
| Business Day Convention: | Fixed Rate Period: following Business Day Convention / Floating Rate Period: modified Following Business Day Convention |
| Advertisement: | The Base Prospectus is, and the Final Terms will be, available at Programme Card |
| Target Market: | Manufacturer target market (MIFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs or UK PRIIPS key information document (KID) has been prepared as not available to retail in EEA or the United Kingdom |
| Clearing: | Euroclear / Clearstream |
| Listing: | Luxemburg Stock Exchange (Regulated Market) |
| Minimum Denominations: | EUR 100,000 + integral multiples of EUR 1,000 |
| Joint Bookrunners: | BNP Paribas, Goldman Sachs International, Iccrea Banca, IMI-Intesa Sanpaolo (B&D), Mediobanca and Santander |
| Fees: | The Joint Bookrunners will be paid a fee by the Issuer in connection with the transaction |
| Governing law: | Italian Law |
| ISIN / Common Code: | XS2577533875 / 257753387 |
| LEI Code: | NNVPP80YIZGEY2314M97 |
| Documentation: | Issued under the Issuer’s Euro 3 billion Euro Medium Term Note Programme dated 7 September 2022 as supplemented from time to time (6 December 2022) |
potrei scaricare la 234 presa a 97,2 ma non sarei sicuro di riuscire a prendere questa e rimarrei inc.... con sta roba ci cassetto
