€€€ New UniCredit S.p.A. EUR Tier 2 10.5NC5.5 €€€ - IPT at 4.5% yield
Issuer:.......................UniCredit S.p.A
Issuer Ratings:...............Baa1 Stable (Moody’s), BBB- Stable (S&P), BBB+
Negative (Fitch)
Prelim Issue Ratings:.........Ba1 (Moody’s), BB (S&P), BBB (Fitch)
Security:.....................Subordinated Notes qualifying as Tier 2 capital
for regulatory capital purposes
Offering Format:..............RegS Bearer, Compliance Category 2; TEFRA D
Issue Size:...................EUR benchmark
Settlement Date:..............[3] June 2016
Maturity Date:................[3] January 2027
Issuer Call Date:.............[3] January 2022
Coupon/Interest:..............Fixed rate, payable annually in arrears. Short
First. Single reset on [3] January 2022 to the
prevailing 5-y Euro Mid Swap Rate plus the
Initial Margin
Interest on Notes:............Annual, Act/Act, until [3] January 2022. Reset
after Call Date
after Call Date
Tax Call:.....................Applicable as per Condition 8.2 in the EMTN
Programme, at their Early Redemption Amount
together with accrued interest to (but excluding)
the date of redemption
Reg Call:.....................Applicable as per Condition 8.3 in the EMTN
Programme, at their Early Redemption Amount
together with accrued interest to (but
excluding) the date of redemption
PONV:.........................Statutory (risk factors)
IPTs:.........................4.5% yield to call
IPTs:.........................4.5% yield to call
Docs:.........................EMTN Programme dated 15 June 2015, as supplemented
Denoms:.......................Eur 100k + 1k
Listing:......................Luxembourg
Clearing:.....................Euroclear / Clearstream
Governing Law:................English Law other than the subordination
provisions which shall be governed and construed
under Italian Law as per Condition 20.1 of the
EMTN Programme
Bookrunners:..................BAML, CA-CIB, CS, ING, Mediobanca, UniCredit(B&D)
Timing:.......................Today’s business
Issuer:.......................UniCredit S.p.A
Issuer Ratings:...............Baa1 Stable (Moody’s), BBB- Stable (S&P), BBB+
Negative (Fitch)
Prelim Issue Ratings:.........Ba1 (Moody’s), BB (S&P), BBB (Fitch)
Security:.....................Subordinated Notes qualifying as Tier 2 capital
for regulatory capital purposes
Offering Format:..............RegS Bearer, Compliance Category 2; TEFRA D
Issue Size:...................EUR benchmark
Settlement Date:..............[3] June 2016
Maturity Date:................[3] January 2027
Issuer Call Date:.............[3] January 2022
Coupon/Interest:..............Fixed rate, payable annually in arrears. Short
First. Single reset on [3] January 2022 to the
prevailing 5-y Euro Mid Swap Rate plus the
Initial Margin
Interest on Notes:............Annual, Act/Act, until [3] January 2022. Reset
after Call Date
after Call Date
Tax Call:.....................Applicable as per Condition 8.2 in the EMTN
Programme, at their Early Redemption Amount
together with accrued interest to (but excluding)
the date of redemption
Reg Call:.....................Applicable as per Condition 8.3 in the EMTN
Programme, at their Early Redemption Amount
together with accrued interest to (but
excluding) the date of redemption
PONV:.........................Statutory (risk factors)
IPTs:.........................4.5% yield to call
IPTs:.........................4.5% yield to call
Docs:.........................EMTN Programme dated 15 June 2015, as supplemented
Denoms:.......................Eur 100k + 1k
Listing:......................Luxembourg
Clearing:.....................Euroclear / Clearstream
Governing Law:................English Law other than the subordination
provisions which shall be governed and construed
under Italian Law as per Condition 20.1 of the
EMTN Programme
Bookrunners:..................BAML, CA-CIB, CS, ING, Mediobanca, UniCredit(B&D)
Timing:.......................Today’s business
per permettergli di stringere la guidance eheh
