Baker McKenzie assisted a pool of joint lead manager banks made up of Citigroup Global Markets Limited, Banco Santander, S.A., Barclays Bank Ireland PLC, BNP Paribas e Mediobanca – Banca di Credito Finanziario S.p.A in relation to the issuance of a senior preferred fixed-rate bond by BPER Banca for a complex value of EUR 500 million. Baker McKenzie's team was led by counsel Eugenio Muschio.
The issuance of senior preferred bond with maturity on July 2025, was carried out within the context of the issuer's EMTN program.
The bond has issued for the listing on the Luxembourg Stock Exchange and were entirely placed with qualified investors. The securities have been assigned a rate equal to Ba3 by Moody’s, and BB by Fitch Ratings.