.jpg)
Banca Sistema lists for the first time on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE) with issuance of €175m notes. The notes, with a 1.75% interest rate, have a maturity date of October 2020.
About Banca Sistema
Banca Sistema was founded in 2011, as a bank specialized in financing and managing trade receivables owed by the Italian Public Administrations.
Banca Sistema provides services to a wide range of clients including large multinationals, small and medium-sized companies, professionals and private savers.
In addition, Banca Sistema offers debt management and collection products and has main offices in Milan, Rome and London.
ISE is European listing venue of choice for several Italian banking issuers
This listing follows other high profile Italian listings on the ISE including Mediobanca, Banca IMI, UBI Banca and Banco di Desio e della Brianza S.p.A..
