IntesaSanpaolo FRN 20/08/2027IntesaSanpaolo FRN 20/08/2027IntesaSanpaolo FRN 20/08/2027

IntesaSanpaolo FRN 20/08/2027

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Key terms


Outstanding amount
‪1.38 B‬EUR
Face value
100,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
3.55% (Variable)
Coupon frequency
Quarterly
Yield to maturity
3.55%
Maturity date
Aug 20, 2027
Term to maturity
2 years

About IntesaSanpaolo FRN 20/08/2027


Sector
Finance
Industry
Major Banks
Issue date
Feb 17, 2017
ISIN
IT0005243065
FIGI
BBG00FZG0MC0
Intesa Sanpaolo SpA engages in the provision of financial products and banking services. It operates through the following segments: Banca dei Territori, IMI Corporate and Investment Banking, International Subsidiary Banks, Private Banking, Asset Management, and Insurance. The Banca dei Territori segment oversees the traditional lending and deposit collection activities in Italy. The IMI Corporate and Investment Banking segment deals with corporate and investment banking; and acts as a partner for corporates, public administration, and financial institutions. The International Subsidiary Banks segment operates on international markets through subsidiary and associated banks. The Private Banking segment specializes in the asset management of private and high net worth individuals. The Asset Management segment develops solutions targeted at the firm's customers, commercial networks, and institutional clientele. The Insurance segment includes Intesa Sanpaolo Vita, Fideuram Vita, Intesa Sanpaolo Assicura, and Intesa Sanpaolo Assicura. The company was founded in 1931 and is headquartered in Turin, Italy.
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