IntesSan FRN 29IntesSan FRN 29IntesSan FRN 29

IntesSan FRN 29

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Key terms


Outstanding amount
‪600.00 M‬EUR
Face value
100,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
4.71% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.71%
Maturity date
Apr 19, 2029
Term to maturity
4 years

About IntesSan FRN 29


Sector
Finance
Industry
Major Banks
Issue date
Apr 19, 2021
ISIN
XS2333388267
FIGI
BBG0101MS2T2
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, Insurance, and Corporate Centre. 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 Corporate Centre segment comprises of the group's treasury and the Capital Light Bank. The company was founded in 1931 and is headquartered in Turin, Italy.
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