INTESA SANPAOLO FINALISES SENIOR NOTE BUY BACK
Turin - Milan, July 16th 2013 – Today - the settlement date for the purchase by Intesa Sanpaolo of its senior notes validly offered pursuant to the invitation published on July 2nd 2013 - Intesa Sanpaolo finalised the buy back of the notes accepted for purchase, as per its announcement dated July 12th 2013 to which reference is made for the details of the buy-back results. The final acceptance amount was equal to €1,492,555,864.56, corresponding to an aggregate total purchase consideration of €1,510,059,750.24.
As a consequence of the buy-back finalisation, the Intesa Sanpaolo Group will register a positive contribution, including the positive impact of the unwinding of interest rate derivatives, of approximately 113 million euro to its pre-tax income, of approximately 76 million euro to its net income and of approximately 2.5 basis points to its Core Tier 1 ratio in the third quarter of 2013.
Last updated 16 July 2013 at 15:03