M&A and Strategic Initiatives (IR)
EQUITA approves the issue of €10 million Additional Tier 1 Notes, to raise new funds and finance part of the total consideration agreed to acquire Xenon Private Equity
Milan, November 3rd, 2026 - EQUITA Group S.p.A. (the “Company” and, together with its subsidiaries, “EQUITA”) announces that the Board of Directors of the Company approved the issue of Additional Tier 1 Notes, for a nominal amount of €10,000,000.
The unsecured and subordinated notes are perpetual[1], unrated and will not be listed or admitted to trading on any regulated market or multilateral trading facility. Notes will be subscribed by Iccrea Banca and will pay annual fixed-rate coupons in arrears, equal to the 5-year mid-swap rate plus a maximum spread of 400 bps.
The issue is aimed at raising new funds to accelerate the growth strategy of EQUITA and finance part of the cash consideration agreed to acquire the Xenon Private Equity platform – one of the leading independent private equity teams in Italy, with 35-year track-record, 25 professionals and more than €1 billion in Assets under Management – as announced to the market on March 18, 2026. The closing of the acquisition of Xenon Private Equity is expected to take place by November 30, 2026.
For further details, please read the documentation that will be made available to the public within the terms provided by applicable law, at the registered office of the Company in Milan, Via Filippo Turati 9, on the Company’s website www.equita.eu (Investor Relations - Corporate Governance section, Corporate Documentation area) and on the authorised storage mechanism eMarket Storage www.emarketstorage.it.
[1] Notes are not redeemable at the option of the noteholders. The Issuer may redeem the notes in whole, but not in part, on the fifth anniversary of the issue date and on each fifth anniversary thereafter.