Sviluppi UniCredit SpA
UniCredit SpA (CRDI.MI) (Milan Stock Exchange)
UniCredit SpA issues 3 years bond senior for 1 billion euros
UniCredit SpA:Says it has issued a new senior benchmark with a maturity of 3 years and a size of 1 billion euros.Says following a book building process the coupon has been set at 2.25 pct with an issue/re-offer price of 99.997 pct, resulting in a yield to maturity equal to 158 basis points over the 3 year swap rate, down from the initial pricing guidance at 165/170 bps.Says UniCredit Bank AG, BNP Paribas, Credit Suisse and DZ Bank have managed the placement acting as joint bookrunners.Says the bonds form part of the UniCredit's outstanding benchmark curve and are documented under the Euro Medium Term Notes Program.Says listing will be on the Luxembourg Stock Exchange.
UniCredit SpA together with Intesa Sanpaolo, Banca Monte dei Paschi di Siena and BNL reach agreement for sale of 59.3 pct of the share capital of SIA
UniCredit SpA:Says, together with Intesa Sanpaolo, Banca Monte dei Paschi di Siena and BNL, it has signed with Fondo Strategico Italiano, F2i SGR and Orizzonte SGR the agreements for the sale of 59.3 pct of SIA's share capital.Says of the 59.3 pct stake, 28.9 pct is held by Intesa Sanpaolo Group, 20.1 pct by UniCredit, 5.8 pct by Banca Monte dei Paschi di Siena and 4.5 pct by BNL.Says the consideration has been determined on the basis of an equity value for the 100 pct of the share capital of SIA equal to 765 million euros.Says, as a result of the transaction, Fondo Strategico Italiano will have a 42.3 pct stake, F2i SGR 10.3 pct and Orizzonte SGR 6.7 pct.Says Intesa Sanpaolo and UniCredit will retain a 4 pct stake each, while Banca Monte dei Paschi di Siena and BNL will sell their shares in full and the other existing shareholders will retain the remainder 32.7 pct of SIA's share capital.Says the completion of the disposal is expected by the first half of 2014.
UniCredit SpA says Fitch confirmed the ratings
UniCredit SpA:Says the Rating Agency Fitch Ratings has on Nov. 28 affirmed UniCredit SpA's BBB+ long-term, F2 short- term Issuer Default Ratings and bbb+ Viability (= standalone) rating.Says the negative outlook is unchanged.Says the issue ratings have been confirmed as well.Says Fitch Ratings has reviewed several other Italian banks at the same time.
UniCredit SpA enters into commercial agreement with Industrial Bank of Korea for support of Korean SMEs in CEE region
UniCredit SpA:Says it has recently entered into a commercial agreement with Industrial Bank of Korea (IBK).Says the agreement entails that UniCredit, thanks to its network in the Central and Eastern Europe (CEE) region, supports financially and operationally small and medium Korean enterprises (SMEs) expanding into CEE.Says Korean SMEs reach CEE following bigger corporations already present in the area, focusing primarily in the automotive , household appliances and consumer electronics fields.Says Korean SMEs, with turnover between 0.5 and 5 million euros, settled in the CEE region are over 300, of which half in Russia, and the rest mainly in Poland, Slovakia , Hungary and the Czech Republic.
UniCredit SpA signs agreement with ZAO UniCredit Bank Russia, Finest and SIMEST to support the commercial growth and competitiveness of Italian businesses in Russia
UniCredit SpA:Says it signed the A Bridge to Russia agreement during the Italo-Russian Forum in Trieste, Italy.Says the agreement provides for collaboration of UniCredit and its Russian subsidiary ZAO UniCredit Bank Russia with Finest SpA (financial company for the promotion of economic partnership with Eastern European countries) and SIMEST SpA (company for Italian foreign investment).Says the objective agreed upon is to respond to the new and growing need of Italian businesses to invest, operate and compete as effectively as possible in member countries of the Russian Federation.