The transaction in a nutshell
CDP's mixed-rate bond placement closes early. EQUITA placement agent in the transaction
- Client:
- Cassa Depositi e Prestiti S.p.A.
- Date:
- November 2023
- Mandate:
- Senior Secured Notes dedicated to retail investors
- Role:
- Dealer
- Value:
- € 2000 m
- Typology:
- Debt Capital Markets – DCM
The Company
The CDP - Cassa Depositi e Prestiti is a state financial institution whose purpose is to economically promote Italy's development. The CDP has evolved over the past two centuries from once fulfilling only safekeeping functions to now being a real active tool for supporting the economic fabric of the country. It is a joint-stock company in which the Ministry of Economy and Finance is the majority shareholder with more than 80 percent of the shares. CDP is publicly controlled.