EMTN: 200 million euro fixed rate notes issue

Press release

EMTN: 200 million euro fixed rate notes issue

Rome, 11 December 2013 - Cassa depositi e prestiti Spa (CDP) announces today the issuance of 200 million euro fixed rate notes, unsubordinated and unsecured, with final maturity 11 December 2028 and annual coupon equal to 4.

Rome, 11 December 2013 - Cassa depositi e prestiti Spa (CDP) announces today the issuance of 200 million euro fixed rate notes, unsubordinated and unsecured, with final maturity 11 December 2028 and annual coupon equal to 4.5 per cent.

The Notes (ISIN code: IT0004980394) were issued under CDP Euro Medium Term Note Programme, listed on the Luxembourg Stock Exchange and addressed to institutional investors.

The net proceeds deriving from this issue will be used by CDP to support the so-called “Separate Account”, that is all the activities which, under applicable regulations, may be funded also through Postal Savings (such as lending to Public Entities, support for the economy, public interest infrastructures).

The Notes were placed through private placement, with Morgan Stanley & Co. International plc acting as dealer of the transaction.

The Notes, listed on the Luxembourg Stock Exchange, have been rated BBB+ by Fitch, Baa2 by Moody’s and BBB by Standard and Poor's.

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