Skip to content

Allen & Overy advises UniCredit on EUR1 billion senior fix-to-floater bond

Related people
Tommasi Cristiano
Cristiano Tommasi

Partner

Rome

View profile →

Byrne Craig
Craig Byrne

Partner

Milan

View profile →

Image of Elisabetta Rapisarda
Elisabetta Rapisarda

Associate

Rome

View profile →

Image of Elia Ferdinando Clarizia
Elia Ferdinando Clarizia

Counsel

Milan

View profile →

Press contacts

For media enquiries relating to this topic, please contact:

Image of Cristina Canepone
Cristina Canepone

PR & Communications Manager

Milan

View profile →

17 January 2023

Allen & Overy has advised UniCredit on a EUR1bn senior fix-to-floater bond with six years’ maturity (17 January 2029), intended for institutional investors.

The fixed annual coupon is at 4.80% until 17 January 2028. After that date, if reimbursement has not occurred, the bond will pay a quarterly coupon determined at the three-month EURIBOR rate, increased at a margin of 1.90%.

The bond is documented under the issuer’s EUR60bn Euro Medium Term Notes programme (EMTN) and has been listed on the regulated market of the Luxembourg Stock Exchange.

The A&O team was led by International Capital Markets partners Cristiano Tommasi and Craig Byrne, supported by associate Elisabetta Rapisarda and trainee Marco Mazzurco. Counsel Elia Ferdinando Clarizia and associate Lino Ziliotti advised on tax aspects.

Related expertise