ICCREA Banca SpA (fka Istituto Centrale Del Credito Cooperativo SpA) (ICCRT) 2023-1

EUR500.0005Jan-28Sr. Unsecured-BB+BB-FixedSwaps7.125% a-404.56.88%-100.00000
Tranche Comments
5 yr: Book size: 730; First Pay: 2024-01-20; Redemption: 2027-01-20; Registration: Reg S Only; Comments: EUR500m 5NC4 bmk SP social RegS. NR/BB+/BB-. BNPP/GS/Iccrea/IMI(B&D)/Medio/Santan. IPTs 7.125% area (~MS+422), set 6.875% yield, launch 500m. Books 730m @final terms (peak 750m+). OBL 184 / spot 92.03, B+462.3. Reset at 3mE+404.5. FTT 2:15pm. Tax Call: Yes. Reset Date: 2027-01-20. Regulatory Call: Yes on occurrence of MREL Disqualification Event. LEI: NNVPP80YIZGEY2314M97;
Deal Comments
Social Preferred Note
Use of Proceeds
Financing or refinancing Eligible Social Assets