BancaIfi 5.5% 29BancaIfi 5.5% 29BancaIfi 5.5% 29

BancaIfi 5.5% 29

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IT0005584260 analysis



Key facts


Issue date
Feb 27, 2024
Maturity date
Feb 27, 2029
Outstanding amount
‪400.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
5.50% (Fixed)
Yield to maturity
4.00%
Banca IFIS SpA is an independent banking company, which engages in the provision of financial solutions for enterprises. The firm offers business and personal banking, and non-performing loan management. It operates through the following segments: Commercial and Corporate Banking, Npl, and Governance and Services and Non-Core. The Commercial and Corporate Banking segment represents the group's commercial offer dedicated to businesses and includes personal loans with the assignment of one-fifth of salary or pension. The Npl segment focuses on non-recourse factoring and managing distressed loans, servicing, and managing non-performing, secured loans. The Governance and Services and Non-Core segment is involved in core businesses with the financial resources and services necessary to perform their respective activities. The company was founded by Sebastien Egon von Fürstenberg on August 5, 1983 and is headquartered in Venice, Italy.
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