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Allen & Overy advises on the new European Covered Bond (Premium) by Banco BPM

Allen & Overy has advised Banco BPM in relation to the issuance of a series of covered bonds intended for institutional investors for an amount of EUR750 million.

This transaction represents the third series of European Covered Bond (Premium) issued by Banco BPM in compliance with the European regulation, as recently transposed in Italy, and has been carried out under Banco BPM’s EUR10 billion Covered Bond programme.

The Allen & Overy team was led by partner Pietro Bellone, with the support of associates Chiara D’Andolfo and Aldo Brombin Tuzzato