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Unicredit: guarantee consortium formed for the 13 billion increase

The banks that will manage and guarantee the operation of the institute led by Jean Pierre Mustier have signed an agreement for the subscription of any new shares that may have remained unopted.

UniCredit has formed the consortium of banks that will manage and guarantee the operation for a capital increase of 13 billion euro. The pool of institutions comprises Banca Imi, Banco Santander, Barclays, Bbva, Bnp Paribas, Commerzbank, Credit Agricole CIB, Natixis and Societe Generale, which will act as joint bookrunner together with UniCredit Corporate & Investment Banking, Morgan Stanley and Ubs which will act as structuring advisor.

Then, BofA Merrill Lynch, JP Morgan and Mediobanca will act as joint global coordinators and joint bookrunners. Finally, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs International and HSBC will be the co-global coordinators and jointbookrunners.

The Joint Bookrunners, as disclosed in a note from Unicredit, have signed a pre-underwriting agreement in line with what has already been signed by the Joint Global Coordinators (with the exception of UniCredit Corporate & Investment Banking), and by the Co-Global Coordinators - pursuant to
of which they have undertaken to sign a guarantee contract with the Joint Global Coordinators and the Co-Global Coordinators for the subscription of the newly issued shares, possibly remaining unsubscribed at the end of the auction of unsubscribed rights, which will be held after the period of subscription, for a maximum amount equal to the value of the capital increase under option

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