EQUITA assisted Banca Ifis
EQUITA SIM - Debt Capital Markets Advisory
The transaction in a nutshell
The strong demand from institutional investors resulted in a book covering more than 5 times the offer, with €2.1 billion orders, which allowed a spread reduction and an increase in the maximum size offering.
- Client:
- Banca Ifis S.p.A.
- Date:
- February 2024
- Mandate:
- Senior Preferred Bond
- Role:
- Joint Lead Manager
- Value:
- € 400 m
- Team:
- Debt Capital Markets – DCM
- Advisor:
- EQUITA SIM
The Company
Banca Ifis S.p.A. Group is an Italian banking institution mainly active in corporate credit services and solutions and acquisition/management of impaired loan portfolios. Founded in 1983 by Sebastien Egon Fürstenberg, Banca Ifis has been listed on the Milan Stock Exchange in the FTSE Italia STAR segment since 2003.