NIBC wraps up buyback, Mediobanca pulls back from 2014 maturity cliff

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

NIBC wraps up buyback, Mediobanca pulls back from 2014 maturity cliff

Two banks, two different debt burdens being tackled. NIBC Bank hit the €1bn cap on its buyback of government guaranteed debt on Thursday, while Mediobanca on Wednesday launched a tender offer for more than €6bn of senior unsecured bonds in an effort to reduce a debt burden concentrated around the 2014 maturity.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article