(Tiper Stock Exchange) – Mediobanca has placed a Sustainable Senior Preferred Bond with a six-year “long” term (February 2029) with a call option after the fifth year for a total amount of 500 million euros. This is the second ESG issue carried out by the group after the inaugural green bond of September 2020, and allows for doubling the objectives of the 2019-23 Strategic Plan.
The Sustainable Senior Preferred Bond, priced at 99,831 with a yield equal to MS+195bps, recorded during the placement orders for over 1.7 billion euros which made it possible to reach the target size of 500 million euro. The loan will guarantee a coupon of 4.625%.
The main institutional investors on the European scene took part in the placement and the distribution took place 74% outside Italy.