IntesSan FRN 28IntesSan FRN 28IntesSan FRN 28

IntesSan FRN 28

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Key terms


Outstanding amount
‪35.00 M‬EUR
Face value
500,000.00EUR
Minimum denomination
Coupon
5.10% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.29%
Maturity date
Jan 12, 2028
Term to maturity
3 years

About IntesSan FRN 28


Sector
Finance
Industry
Major Banks
Issue date
Jun 15, 2023
ISIN
XS2620909577
FIGI
BBG01H033R65
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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