Report
Iccrea Banca S.p.A. : Focus Emission
Iccrea Banca is, as expected, returning to the debt capital markets one month after the issuance of its second Tier 2. Since then, and as we expected, S&P revised the Outlook to Stable from Negative, reflecting its opinion that the pandemic's effect on GBCI balance sheet will remain contained. The transaction consists in a EUR Social Senior Preferred (SP) bond with a 5NC4 structure issued under the bank’s EMTN programme. The issuance aims at building further the MREL position of...
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.