BancaIfi 6.875% 28BancaIfi 6.875% 28BancaIfi 6.875% 28

BancaIfi 6.875% 28

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Key terms


Outstanding amount
‪300.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
6.88% (Fixed)
Coupon frequency
Annual
Yield to maturity
4.71%
Maturity date
Sep 13, 2028
Term to maturity
3 years

About BancaIfi 6.875% 28


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Sep 13, 2023
ISIN
IT0005561367
FIGI
BBG01J6H5WC4
Banca IFIS SpA is an independent banking company, which engages in the provision of financial solutions for enterprises. The firm offers business and personal banking, and non-performing loan management. It operates through the following segments: Commercial and Corporate Banking, Npl, and Governance and Services and Non-Core. The Commercial and Corporate Banking segment represents the group's commercial offer dedicated to businesses and includes personal loans with the assignment of one-fifth of salary or pension. The Npl segment focuses on non-recourse factoring and managing distressed loans, servicing, and managing non-performing, secured loans. The Governance and Services and Non-Core segment is involved in core businesses with the financial resources and services necessary to perform their respective activities. The company was founded by Sebastien Egon von Fürstenberg on August 5, 1983 and is headquartered in Venice, Italy.
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