Bond markets: Intesa Sanpaolo’s transactions. February 2026
1 March 2026
Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, confirmed its position as a leading player in the international bond markets, supporting corporate, financial and sovereign issuers in Debt Capital Markets transactions.
During February 2026, the Division participated in numerous euro- denominated and dollar-denominated transactions, playing a key role in the corporate, Financial Institutions Group (FIG) and Sovereigns, Supranationals and Agencies (SSA) segments.
Corporate DCM – Bond Issues
In the corporate DCM segment, IMI Corporate & Investment Banking Division acted as Joint Lead Manager in bond issues across several sectors:
- Nextera Energy:
- $700 million, senior unsecured bond, maturity 2031
- $600 million, senior unsecured bond, maturity 2056
- €650 million, senior unsecured bond, maturity 2030
- €650 million, senior unsecured bond, maturity 2034
- Eutelsat Communications:
- €850 million, senior unsecured bond, maturity 2031
- €650 million, senior unsecured bond, maturity 2033
- Electricité de France:
- €500 million, green senior unsecured bond, maturity 2028
- €750 million, green senior unsecured bond, maturity 2031
- €1 billion, green senior unsecured bond, maturity 2038
- €500 million, green senior unsecured bond, maturity 2046
- Treehouse Foods: $800 million, 1st lien bond, maturity 2033
- TKC Holdings Inc:
- $1.1 billion, 1st lien bond, maturity 2030
- $675 million, 1st lien bond, maturity 2031
- Aeroporti di Roma SpA: €500 million, sustainability-linked bond, maturity 2034
- TotalEnergies SE: €1.5 billion, Hybrid bond, perpetual
FIG DCM – Bond issues from financial institutions group
In the FIG DCM segment, IMI Corporate & Investment Banking Division supported significant transactions for Italian financial institutions, acting as bookrunner in the following deals:
- Grenke Finance Plc: €500 million, senior preferred bond, maturity 2031
- OTP Mortgage Bank: €500 million, covered bond, maturity 2032
- Bayerische Landesbank: €500 million, senior preferred bond, maturity 2030
- Credit Agricole Home Loan SFH: €1.25 billion, covered bond, maturity 2032
- Intesa Sanpaolo SpA:
- €750 million, subordinated AT1, perpetual
- €500 million, subordinated AT1, perpetual
- UBS Switzerland AG:
- €750 million, covered bond, maturity 2029
- €750 million, covered bond, maturity 2033
- BNP Paribas: €1,25 billion, subordinated AT1. Perpetual
- Banco Santander:
- €1.5 billion, covered bond, maturity 2031
- €1 billion, covered bond, maturity 2036
- Unicredit Bank Czech Republic: €750 million, covered bond, maturity 2031
- Banco BPM: €1 billion, covered bond, maturity 2032
SSA DCM – Sovereign, Supranational and Agency Issues
In the SSA DCM segment, IMI CIB acted as active joint bookrunner in four euro-denominated sovereign bond transactions:
Italy
- Acquirente Unico SpA: €600 million, senior unsecured bond, maturity 2033
- Cassa Depositi e Prestiti:
- €850 million, OPS, maturity 2033
- €750 million, social bond, maturity 2034
International
The Slovak Republic: €2 billion, government bond, maturity 2046
These transactions confirm Intesa Sanpaolo’s ability to assist a diversified range of issuers in the international bond markets, with a strong presence across multiple sectors and geographies.
Last updated 3 March 2026 at 13:13:42
