EQUITA assisted Cassa Depositi e Prestiti

The transaction in a nutshell

EQUITA assisted CDP

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

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.