Press release

EMTN: 250 million euro fixed rate notes issue

Rome, 8 November 2013 - Cassa depositi e prestiti Spa (CDP) announces today the issuance of 250 million euro fixed rate notes, unsubordinated and unsecured, with final maturity 8 November 2023 and annual coupon equal to 4.

Rome, 8 November 2013 - Cassa depositi e prestiti Spa (CDP) announces today the issuance of 250 million euro fixed rate notes, unsubordinated and unsecured, with final maturity 8 November 2023 and annual coupon equal to 4.125 per cent.

The Notes (ISIN code: IT0004968373) 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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