The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America, Canada, Japan or Australia or in any other jurisdiction where it is unlawful to publish or distribute this document.
Rome, 16 May 2023
Please see the communication of the relavant transaction:
€€€ Ferrovie dello Stato Italiane SpA EUR dual tranche Benchmark 6yr & 10yr Green Senior Unsecured – IPTs €€€
Issuer |
Ferrovie dello Stato Italiane SpA (Ticker: FERROV, Country: IT) |
|
Issuer LEI Code |
549300J4SXC5ALCJM731 |
|
Issuer Ratings |
BBB stable (S&P) / BBB stable (Fitch) |
|
Expected Issue Ratings |
BBB (S&P) / BBB (Fitch) |
|
Format |
Reg S, Bearer Notes |
|
Issue Size |
EUR Benchmark |
EUR Benchmark |
Tenor |
6 years |
10 years |
Settlement Date |
23 May 2023 (T+5) |
23 May 2023 (T+5) |
Maturity Date |
23 May 2029 |
23 May 2033 |
IPTs |
MS+ 135bps area |
MS+ 180bps area |
Coupon |
Fixed Actual / Actual (ICMA), unadjusted |
Fixed Actual / Actual (ICMA), unadjusted |
| Denominations | EUR 100k+1k | |
| Listing | Euronext Dublin (Regulated Market) | |
| Governing Law | English | |
| Documentation | Issuer’s EMTN Programme (the “Programme”) dated 27 April 2023 / CoC | |
| Joint Bookrunners | Barclays, BNP Paribas, Crédit Agricole CIB, Deutsche Bank, Goldman Sachs International, IMI-Intesa Sanpaolo, JP Morgan, Morgan Stanley, Santander (B&D) and UniCredit | |
| Use of Proceeds | To finance 100% EU Taxonomy aligned projects (as per SPO), specifically purchase of brand new electric trains for domestic and international services, related maintenance expenses as well as high-speed works on the rail infrastructure as further described in the FS Green Bond framework | |
| Green Bond Framework/Second Party Opinion | The Green Bond Framework and the Second Party Opinion are available at: https://fsitaliane.it/content/fsitaliane/en/investor-relations/debt-and-credit-rating/green-bond-framework.html | |
| Second Party Opinion | Sustainalytics | |
| Advertisement | This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Base Prospectus is available and the Final Terms, when published, will be available at: https://live.euronext.com/en/product/bonds-detail/p642%7C22330/documents | |
| MIFID and UK MIFIR Target Market | Eligible Counterparties and Professional clients only (all distribution channels). No EU PRIIPs or UK PRIIPS key information document (KID) has been prepared as not available to retail in EEA or the UK | |
| Timing | Books open, today's business | |
| Stabilisation | FCA/ICMA | |
| Investor Presentation | https://www.fsitaliane.it/content/dam/fsitaliane/Documents/investor-relations/investor-presentation/FS_Investor_Presentation_May%202023.pdf | |
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