Thank you, we sent your recommendation to the desired recipient.
Sorry, this functionality is not available right now.
Please try with this link. Thank you.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA OR IN OR INTO THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS OR TO ANY PERSON LOCATED OR RESIDENT IN CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
THE ITALIAN PRESS RELEASE SHALL PREVAIL ON THE ENGLISH VERSION.
OFFER FOR THE REPURCHASE OF SUBORDINATED NOTES ISSUED BY UNICREDIT
FINAL RESULTS
UniCredit S.p.A. ("UniCredit" or the "Offeror") hereby announces, pursuant to the terms and conditions set forth in the tender offer memorandum dated 25 January 2016 (the "Tender Offer Memorandum"), in relation to the voluntary tender offer for the repurchase of ten series of subordinated notes issued by UniCredit (the "Tender Offer" and the "Existing Notes", respectively), as supplemented by the notice published by the Offeror on 16 February 2016 concerning the Interest Accrual of the Existing Notes with ISIN code IT0005067027, that the aggregate nominal amount of the Existing Notes validly tendered to the Offer and accepted for purchase by UniCredit is Euro 1,011,320,000, representing the 55.81% of the Existing Notes.
In relation to the MAC Condition to the Offer, the effectiveness of which is subject to the non-occurrence of such condition, as described in the Tender Offer Memorandum, UniCredit announces that, as of today, no adverse events have occurred, in the national and/or international context, which could constitute a "material adverse change" under the MAC Condition, and that the Offer shall take effect.
The settlement of the Consideration shall take place, in accordance with the provisions set forth in the Tender Offer Memorandum, today.
The table below shows the details of the Existing Notes validly tendered to the Offer and accepted for purchase by the Offeror for each series.
Milan, 19 February 2016
Enquiries:
Media Relations: Tel. +39 02 88623569; e-mail: MediaRelations@unicredit.eu
Investor Relations: Tel: +39 02 88624324; e-mail: InvestorRelations@unicredit.eu
| Name | ISIN code | Redemption Date | Tendered nominal Value | Tendered nominal value / Total amount outstanding |
|---|---|---|---|---|
| (%) | ||||
| UniCredit S.p.A. 2015-2022 seven years and two months floating rate amortising Subordinated Tier II Notes - series 01/15 | IT0005070401 | 20 March 2022 | 158,860,000 | 67.19 |
| UniCredit S.p.A. 2014-2022 seven years and two months floating rate amortising Subordinated Tier II Notes - series 10/14 | IT0005067027 | 16 February 2022 | 162,000,000 | 66.39 |
| UniCredit S.p.A. 2014-2021 seven years two months step-up fixed rate amortising Subordinated Lower Tier II Notes - series 01/14 | IT0004982200 | 31 March 2021 | 46,695,000 | 38.05 |
| UniCredit S.p.A. 2013-2020 seven years two months step-up fixed rate amortising Subordinated Lower Tier II Notes - III - series 12/13 | IT0004941412 | 13 October 2020 | 48,701,000 | 37.11 |
| UniCredit S.p.A. 2013-2020 seven years and two months fixed to floating rate amortising Subordinated Lower Tier II Notes - II - series 07/13 | IT0004917917 | 15 July 2020 | 91,103,000 | 52.48 |
| UniCredit S.p.A. 2013-2020 seven years and two months step-up fixed rate amortising Subordinated Lower Tier II Notes - II - series 08/13 | IT0004907867 | 15 July 2020 | 56,243,000 | 34.94 |
| UniCredit S.p.A. 2013-2020 seven years and two months step-up fixed rate amortising Subordinated Lower Tier II Notes- series 05/13 | IT0004907850 | 30 June 2020 | 46,789,000 | 34.49 |
| UniCredit S.p.A. 2013-2020 seven years and two months fixed to floating rate amortising Subordinated Lower Tier II Notes - series 04/13 | IT0004907785 | 30 June 2020 | 55,042,000 | 53.35 |
| UniCredit S.p.A. 31 December 2012- 28 February 2020 seven years and two months step-up fixed rate amortising Subordinated Lower Tier II Notes - series 31/12 | IT0004883689 | 28 February 2020 | 26,999,000 | 36.74 |
| UniCredit S.p.A. 2012-2019 seven years and one month fixed to floating rate amortising Subordinated Lower Tier II Notes - series 30/12 | IT0004854870 | 5 December 2019 | 318,888,000 | 74.02 |