Trento, 21.05.2026 – Cassa Centrale Banca announces that it has successfully placed a €500 million senior preferred bond, at a fixed rate, with a 4-year maturity, intended for institutional investors in the domestic and international market.
The bond issue is part of the €3 billion Euro Medium Term Notes (EMTN) program, listed on Euronext Dublin.
The bond was issued with a coupon of 3.75% and an expected rating by Fitch Ratings and Morningstar DBRS of "BBB+" and "BBB(high)" respectively.
The transaction saw the participation of both domestic and international investors, with asset managers accounting for 50% of the demand, followed by banks (40%), insurance and pension funds (5%) and other types of institutional investors. In terms of geographical distribution, 49% of the issue was allocated to Italian investors, followed by Germany, Austria and Switzerland (13%), the United Kingdom and Ireland (11%), the Netherlands (10%), France (9%) and others (8%).
“We are very satisfied with the outcome of the transaction. – affirms the Acting Deputy General Manager and Chief Financial Officer of the Cassa Centrale Group Alessandro Failoni – The results achieved by the Banks of our Group, our solid position and clear evolution trend laid out in the 2026 – 2028 Strategic Plan are at the basis of the result of this issuance. This transaction is integrated into our funding strategy and, thanks to the strength of our Group, allows us to raise financial resources from the global market that are then allocated towards the economic development of the territories in which our Banks are present.”
The placement was managed, as Joint Bookrunners, by BBVA, BNP PARIBAS, IMI-Intesa Sanpaolo (B&D), Mediobanca and Raiffeisen Bank International.