Banca IFIS lists €400m notes from its €5bn EMTN programme on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE). The notes, with a 4.5% interest rate, have a maturity date of October 2027.
About Banca IFIS
Banca IFIS, is currently the largest independent operator in the speciality finance market in Italy and is active in the areas of commercial credit, acquisition/disposal and management of non-performing loans and tax credits.
Banca IFIS acquired the former GE Capital Interbanca Group in November 2016 which significantly increased its customer base of small and medium-sized Italian companies, as well as widening its products and services offerings.
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 and UBI Banca.
