EMTN: eur 40 million CMS Switchable Notes and eur 340 million fixed rate notes

Press release

EMTN: eur 40 million CMS Switchable Notes and eur 340 million fixed rate notes

Cassa depositi e prestiti Spa (CDP) announces today the following issuances: Eur 40 million CMS Switchable Notes (ISIN code: IT0004805583), unsubordinated and unsecured, with final maturity 23 March 2028.

Cassa depositi e prestiti Spa (CDP) announces today the following issuances:

  • Eur 40 million CMS Switchable Notes (ISIN code: IT0004805583), unsubordinated and unsecured, with final maturity 23 March 2028.

    The Notes were placed through private placement by Morgan Stanley & Co. International plc, acting as dealer of the transaction. The Notes have been rated A3 with negative outlook by Moody’s and A- with negative outlook by Fitch;
  • Eur 340 million Fixed Rate Notes (ISIN code: IT0004807431), unsubordinated and unsecured, with final maturity 23 March 2022 and annual coupon equal to 5.242 per cent.

    The Notes were placed through private placement by Barclays Bank PLC, acting as dealer of the transaction.

    The Notes, which will be listed on the Luxembourg Stock Exchange, have been rated A3 negative by Moody’s and A- negative by Fitch.

     

The new Notes, addressed to institutional investors, were issued under CDP Euro Medium Term Note (EMTN) Programme that is listed on the Luxembourg Stock Exchange. The net proceeds from the Notes will support CDP’s financing activity of infrastructural projects.

 

 

Rome, 23 March 2012

 

 

 

 

 

 

 

 

 

 

 

 

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