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Commentary & Deal Flow

NEW ISSUE: Crédit Agricole Italia € bmk 11yr CB; MS+65a

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

IPT

ISIN

Crédit Agricole Italia

11yr

24-Jun-37

bmk

CB

Fixed

MS+65a

IT0005715724


IPTs: 11yr: MS+65bp area

  • Issuer: Crédit Agricole Italia SpA
  • Ticker: CARPP
  • LEI: 8156007D348794DB1690
  • Guarantor: Crédit Agricole Italia OBG S.r.l.
  • Issue Type: Mortgage Covered Bond (Obbligazioni Bancarie Garantite Europee), European Covered Bond label (Premium)
  • Format: Reg S, Bearer and dematerialised
  • Eligibility: ECB Eligible, LCR Level 1, beneficial treatment under CRR Art.129 & Solvency II & ECBC Covered Bond Label Compliant
  • Expected Issue Rating: Aa2 (Moody’s)
  • Size: € Benchmark
  • Coupon: Annual, Fixed, Act/Act (ICMA)
  • Settlement: 24-Jun-26 (T+6)
  • Maturity: 24-Jun-37 (soft bullet with 12 months extension)
  • IPTs: MS+65bps area
  • ISIN: IT0005715724
  • Listing: Luxembourg Stock Exchange
  • Denominations: €100,000 + €100,000
  • Governing Law: Italian
  • Documentation: Off the Issuer’s €16bn Obbligazioni Bancarie Garantite (OBG) programme dated 28-May-26
  • Target Market: Manufacturer target market (MIFID II/UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the UK
  • Global Coordinator: Crédit Agricole CIB
  • Joint Bookrunners: BBVA, Crédit Agricole CIB (B&D), Erste Group, Mediobanca, Raiffeisen Bank International and Santander
  • Timing: Book open, today’s business
  • Advertisement: This communication is an advertisement and is not a prospectus. The Base Prospectus dated 28-May-26 is available at Luxembourg Stock Exchange - CREDIT AGRICOLE ITALIA S.P.A. | LuxSE and the Final Terms, when available, at Luxembourg Stock Exchange - CREDIT AGRICOLE ITALIA S.P.A. | LuxSE