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Intesa Sanpaolo intends to launch Additional Tier 1 notes transaction (Intesa Sanpaolo SpA)

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(Source: Intesa Sanpaolo SpA) ea206f5a-ebd2-4a69-99e4-bd700e222705.pdf PRESS RELEASE INTESA SANPAOLO INTENDS TO LAUNCH ADDITIONAL TIER 1 NOTES TRANSACTION Turin - Milan, 11 January 2016 - Intesa Sanpaolo intends to launch an Additional Tier 1 Notes transaction in the near future, subject to market conditions. Any further detail of such possible transaction will be duly disclosed to the market. Intesa Sanpaolo envisages, in its Business Plan, issuing €4 billion in Additional Tier 1 Notes by the end of 2017 to optimise capital efficiency, taking advantage of the various capital buckets. As part of this, a U.S.$1 billion Additional Tier 1 was issued in September 2015. Intesa Sanpaolo's capital...

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