EQUITA assisted Iccrea Banca in the €500 million social bond
EQUITA SIM - Debt Capital Markets Advisory
The transaction in a nutshell
Strong interest from institutional investors, with demand exceeding €1.45 billion and a final spread representing the lowest ever achieved by Iccrea on a Senior Preferred issuance. EQUITA acted as Joint Lead Manager on the transaction.
- Client:
- Iccrea Banca
- Date:
- January 2026
- Mandate:
- Social senior preferred Bond
- Role:
- Joint Lead Manager
- Value:
- € 500 m
- Team:
- Debt Capital Markets – DCM
- Advisor:
- EQUITA SIM
The company
Iccrea Banca is the parent company of the BCC Iccrea Cooperative Banking Group, the largest cooperative banking group in Italy. Headquartered in Rome, it acts as the Group’s central bank, coordinating and supporting more than 100 Cooperative Credit Banks operating nationwide. Through a model that combines financial strength, specialization and strong local roots, the BCC Iccrea Group provides financial services to households, businesses and communities, contributing to the development of the real economy.