Mediobanca Banca di Credito Finanziario SpA (BACRED)

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Mediobanca Banca di Credito Finanziario SpA (BACRED)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	BACRED	Mediobanca Banca di Credito Finanziario SpA	€500		1	EMEA	Nov 28, 2023

Tranche #1Mediobanca Banca di Credito Finanziario SpA

currency

EUR

size (m)

500.000

maturity

Feb 1, 2030

type

Fixed

tenor

6.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Senior

moody's

Baa1

s&p

BBB

fitch

BBB

size description

re-open/tap

ipt

MS+170 a

ipt-pxd

guidance

MS+140-145

spread

140

coupon

4.375%

spread set

price

99.70700

yield

4.436%

book size (m)

1,400

peak book (m)

x-covered

2.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

1,400

peak book (m)

x-covered

2.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

6 yr: Book size: 1400; First Pay: 2025-02-01; Redemption: 2029-02-01; Registration: Reg S Only; Comments: EUR500m WNG long 6NC5 SP bmk RegS. Baa1/BBB/BBB. BNPP/IMI/Medio/MS(B&D)/Nomura. IPTs MS+170 area, guidance MS+140/+145 wpir, launch MS+140. Final books 1.4bn+ ex JLM (peak 1.8bn+). DBR 0.25% Feb 2029 @ 89.42 / B+200bps. Regulatory Call: Yes (MREL Disqualification Event). Tax Call: Yes. Reset Date: 2029-02-01. LEI: PSNL19R2RXX5U3QWHI44;

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Use of Proceeds

General Corporate Purposes

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Mediobanca Banca di Credito Finanziario SpA (BACRED)

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