The security has a maturity of ten years and can be called after the fifth
Banca Ifis has launched the placement of a Tier2 subordinated bond with a ten-year maturity, callable after the fifth year.
The issue has received a preliminary 'BB' rating from Fitch. This was reported by the Thomson Reuters Ifr service, according to which the pricing is expected within the day.
To this end, Banca Ifis had mandated some investment banks to organize a series of meetings with investors over the next few days.
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