Press releases

30 Nov 2018 19:11 | Relevant information
BFF Banking Group announces the establishment of its EUR 1,000,000,000 Medium Term Note Programme

BFF Banking Group (BFF), the leading player in Europe in the management and non-recourse factoring of receivables owed by public sector entities, announces the establishment of a EUR 1,000,000,000 Euro Medium Term Note programme (“EMTN Programme”).

The Central Bank of Ireland has today 30 November 2018 approved the Base Prospectus for the EMTN Programme, which will be available on the website of the Central Bank of Ireland at https://www.centralbank.ie/.

The establishment of the EMTN Programme represents a further step in BFF Banking Group’s continuous diversification of funding sources and the access to a wider and deeper investor base through an active and long-term commitment to the capital markets.

Notes issued under the EMTN Programme may be Senior Preferred Notes, Senior Non-Preferred Notes or Subordinated (Tier 2) Notes in Euro and Zloty. The general terms and conditions of the EMTN Programme can be found in their entirety in the Base Prospectus.

Banca IMI S.p.A. acted as Arranger and Sole Dealer on the transaction. White & Case LLP acted as legal counsel to the Issuer and Clifford Chance Studio Legale Associato acted as legal counsel to Banca IMI S.p.A.