Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 3 (10 lettori)

negusneg

New Member
Notice to the Noteholders

UNICREDIT INTERNATIONAL BANK (LUXEMBOURG) S.A.«€ 750,000,000 NON-CUMULATIVE

STEP-UP FIXED/FLOATING RATE SUBORDINATED NOTES

GUARANTEED ON A SUBORDINATED BASIS BY UNICREDIT S.P.A.»

(THE «NOTES»)

ISIN XS0470937243

With reference to the above issue, UniCredit International Bank (Luxembourg) S.A. (the «Issuer») in accordance with the Terms and Conditions of the Notes, contained in the Prospectus dated 9 December 2009, will exercise its option to early redeem the Notes in whole on 10 December 2019 (such date being the Interest Reset Date).

The Notes will be redeemed at 100% of their outstanding principal amount, together with interest accrued but unpaid up to (and excluding) the Interest Reset Date. The interest shall cease to accrue on the same date and the guarantee ceases to apply following the repayment of the Notes.

Unless otherwise defined herein, capitalized terms shall have the same meaning given to them in the Terms and Conditions of the Notes.

Luxembourg, October 16th 2019.
 

Fabrib

Forumer storico
The European Union has given an initial green light to a rescue plan worth 3.6 billion euros ($3.97 billion) for ailing German lender NordLB, two sources told Reuters on Monday.
 

waltermasoni

Caribbean Trader

RCI Banque's €850 Million Tier 2 Subordinated Notes Rated 'BB'

  • 13-Nov-2019 11:55 EST
View Analyst Contact Information
  • RCI Banque 'BBB/A-2' Ratings Affirmed On High Operating Performance Despite Renault Downgrade; Outlook Remains Negative," published Oct. 28, 2019, on RatingsDirect), RCI doesn't benefit anymore from group support, which affects our analysis in deriving the issuer credit rating.

    As per the notes' terms and conditions, we consider the instruments to be subordinated to senior creditors' claims, and note that the instruments are available to absorb losses, via statutory loss absorption, at the point of the bank's nonviability. Given the lack of going-concern loss-absorption, we do not include the instruments in our calculation of RCI's total adjusted capital.
 

Users who are viewing this thread

Alto