(Source: Intesa Sanpaolo SpA) DRAFT PRESS RELEASE PRESS RELEASE INTESA SANPAOLO LAUNCHES €1.25 BILLION 7-YEAR BENCHMARK COVERED BONDS (OBBLIGAZIONI BANCARIE GARANTITE) BACKED BY MORTGAGES Turin - Milan, 11 March 2016 - Intesa Sanpaolo has today launched a €1.25 billion Covered Bonds (Obbligazioni Bancarie Garantite, OBG) issue targeted at institutional markets. It is a seven-year, fixed-rate issue under the €20 billion OBG Programme mostly backed by residential mortgages assigned by Intesa Sanpaolo. The 0.625% coupon is payable...
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