emisja obligacji - komunikat spółki UniCredit S.p.A. (unicredit) - komunikat ESPI

2025-06-03 18:02:15

Komunikat spółki

RAPORT BIEŻĄCY Z PLIKIEM


KOMISJA NADZORU FINANSOWEGO

		Raport bieżący nr		53	/	2025

Data sporządzenia:	2025-06-03

Skrócona nazwa emitenta
UniCredit

Temat
UniCredit successfully issued dual tranche Senior Preferred bonds for a total amount of EUR 2 billion
Podstawa prawna
Inne uregulowania

Treść raportu:
Today, UniCredit S.p.A. (issuer rating Baa1/BBB+/BBB+) successfully issued dual tranche senior bonds comprising of a EUR 1 billion with 6 years maturity, callable after 5 years, and of a EUR 1 billion with 10 years maturity, targeted to institutional investors. The issuance follows a book building process that gathered a combined demand of approximately EUR 5.8 billion, with more than 300 orders from institutional investors. Given the strong market feedback, terms of the two tranches were set as follows: - for the 6NC5 years bond, the initial guidance of 125bps over the 5-year mid swap rate has been revised downwards and set at 95bps, resulting in a fixed coupon of 3.10% paid annually, with an issue/re-offer price of 99.90%. The bond will have a one-time issuer call on June 2030. Should the issuer not call the bond, the coupons for the subsequent periods until maturity will reset to a floating rate equal to 3-months Euribor plus the initial spread of 95bps - for the 10 years bond, the initial guidance of 150/155bps over the 10-year mid swap rate has been revised downwards and set at 125bps, resulting in a fixed coupon of 3.725% paid annually, with an issue/re-offer price of 99.811%. The final allocation of the 6NC5 bond has been mainly in favor of funds (72%) and banks/private banks (23%), with the following geographical distribution: France (28%), Germany/Austria (25%) and UK (13%). Regarding the 10 years bond, the final allocation has been mainly in favor of funds (53%) and hedge funds (15%), with the following geographical distribution: France (27%), UK (24%) and Germany/Austria (21%). UniCredit Bank GmbH acted as sole Global Coordinator and as Joint Bookrunner together with ABN AMRO, BBVA, BNP PARIBAS, Erste Group, IMI - Intesa Sanpaolo, LBBW, Natixis, NatWest and JP Morgan. The bonds, part of the 2025 Funding Plan and documented under the issuer s Euro Medium Term Notes Program, will rank pari passu with the outstanding Preferred Senior debt and will contribute to further strengthen UniCredit s best-in-class buffers over relevant requirements, granting optionality and flexibility for funding in the remainder of 2025. The expected ratings are as follows: Baa1 (Moody s)/ BBB+ (S&P)/ BBB+ (Fitch). Listing will be on the Luxembourg Stock Exchange. Milan, 3 June 2025 Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu

Załączniki
Plik			Opis
PR_UniCredit Dual Tranche 6NC5Y - 10Y SP_eng_ita 03062025.pdf			Press Release