Fineco set to become fourth Italian issuer of AT1

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Fineco set to become fourth Italian issuer of AT1

Tyler Davies
July 04, 2019 01:00 pm
Italy_flag_coin_PA_230x150_170118
ILLUSTRATION - An Italian euro coin stands on an Italian flag in Schwerin, Germany, 15 May 2012. The rating agency Moody's downgraded the solvency of 26 Italian banks due to Italy's poor economic condition. Photo: JENS BUETTNER | Jens Büttner/DPA/PA Images

Fineco Bank is lining up the sale of a €200m additional tier one (AT1) bond after recently becoming independent from UniCredit — a deal that will make it only the fourth Italian issuer to raise capital in the asset class.

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ItalyBank CapitalEuropeUniCreditEMEAFIG
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Tyler Davies
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