UniCredit S.p.A.

UCG

IT0005239360

Banks

Market Closed - Borsa Italiana Other stock markets 11:45:00 2026-06-10 am EDT			After hours 12:15:11 pm
70.65 ^EUR	-1.35%		70.62	-0.04%

12:12pm	Unicredit aware of Commerzbank's concerns but shares tendered are 'a fact', source says	RE
11:49am	Commerzbank Calls for Greater Transparency Amid Concerns Over Tender Behavior Tied to UniCredit Bid	MT

UniCredit places EUR1.3 billion Tier 2 subordinated bond

Published on 05/12/2026 at 12:34 pm EDT

Alliance News - Translated by Marketscreener - See original

UNICREDIT S.P.A.

-1.35%

(Alliance News) - UniCredit Spa announced on Tuesday that it has successfully placed a EUR1.25 billion Tier 2 subordinated bond with institutional investors, featuring a 10-year maturity and a call option after five years.

This marks the first Tier 2 issuance of 2026 for the bank led by Andrea Orcel.

The bond will carry a fixed coupon of 4.231% until May 2031, with an issue price of 100%. Should the call option not be exercised after five years, the coupon will be reset based on the 5-year swap rate plus the initial spread.

Investor demand exceeded EUR2.9 billion, allowing UniCredit to tighten the spread from an initial guidance of approximately 160 basis points over mid-swaps to 130 basis points.

More than 150 institutional investors participated in the transaction, with asset managers accounting for 79% of the allocation. Geographically, the final distribution saw France at 29%, the UK at 24%, and Germany/Austria at 14%.

The issuance is expected to be rated 'Baa3' by Moody's, 'BBB-' by S&P, and 'BBB' by Fitch. The bonds will be listed on the Luxembourg Stock Exchange.

UniCredit shares closed Tuesday down 0.9% at EUR70.11 per share.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Latest news about UniCredit S.p.A.

12:12pm	Unicredit aware of Commerzbank's concerns but shares tendered are 'a fact', source says	RE
11:49am	Commerzbank Calls for Greater Transparency Amid Concerns Over Tender Behavior Tied to UniCredit Bid	MT
11:45am	European Stocks Close Mixed in Wednesday Trading; Bank, Automotive Stocks Slump	MT
10:53am	Commerzbank calls for greater transparency on UniCredit exchange offer	AN
10:40am	Commerzbank raises fresh doubts over UniCredit offer	RE
10:16am	Commerzbank again flags concerns over UniCredit's tender offer	RE
09:04am	Wall Street's Problem Is Not Just Inflation
07:55am	Milan stock exchange flat as Middle East conflict and upcoming US data fuel market uncertainty	RE
06:07am	UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances -- Update	DJ
05:49am	European markets reverse course; MIB weighed down by Prysmian	AN
05:28am	Milan stock exchange opens strong led by banks and STM, US inflation in focus	RE
05:19am	European Midday Briefing : Shares Mixed as Geopolitical Tensions Rise	DJ
03:58am	European markets gain except DAX; MIB opens with continued momentum	AN
02:27am	Wall Street looks anything but calm
01:53am	UniCredit Says Commerzbank Stake Increased to 37.7% After Latest Acceptances	DJ

Chart UniCredit S.p.A.

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Company Profile

UniCredit S.p.A. is one of the leading European banking groups. Income breaks down by activity as follows: - retail banking (48.6%); - corporate, investment, finance and market banking (47.2%): leasing, factoring, stock transactions, participation in the rate, exchange, stock and derivative markets, stock exchange intermediation, etc.; - other (4.2%). At the end of 2025, the group managed EUR 535.4 billion in deposits and EUR 433.5 billion in loans. Products and services are marketed through a network of 3,075 branches located primarily in Italy (1,941). Revenue (including intragroup) is distributed geographically as follows: Italy (44.1%), Germany (21.9%), Central and Eastern Europe (19%), Austria (10.5%) and Russia (4.5%).

Employees

67,458

Sector

Banks

Calendar

Earnings release - Q2 2026

More about the company