Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Banco BPM S.p.A.
  6. News
  7. Summary
    BAMI   IT0005218380

BANCO BPM S.P.A.

(BAMI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Banks grant Lavazza 500 million euro loan for green projects

09/21/2021 | 05:42am EDT

MILAN (Reuters) - A pool of Italian banks has granted a 500-million euro ($587 million) loan to Lavazza to fund projects aimed at making the coffee maker more sustainable, a statement issued by the lenders said on Tuesday.

BNP Paribas's BNL, Banco BPM and Intesa Sanpaolo have acted as mandated lead arrangers and lenders in the transaction that involves a term loan and a revolving credit line, both with a five-year maturity, the banks said.

"The financing is linked to Lavazza's specific ESG (Environmental, Social and Governance) goals," the banks said, adding it entails a bonus mechanism linked to the achievement of specific sustainability targets.

The banks were assisted by the law firm Bonelli Erede, while Lavazza was assisted by the law firm Clifford Chance.

($1 = 0.8523 euros)

(Reporting by Francesca Landini, editing by Giulia Segreti)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BANCO BPM S.P.A. 0.34% 2.965 Delayed Quote.63.44%
BNP PARIBAS 0.87% 58.21 Real-time Quote.33.88%
INTESA SANPAOLO S.P.A. 0.47% 2.463 Delayed Quote.28.18%
All news about BANCO BPM S.P.A.
10/22OCTOBER 22, 2021 - NON PRICE SENSITI : notice of filing of documents
PU
10/22Italy, UniCredit in deadlock over MPS as deadline nears
RE
10/15EXCLUSIVE : Italy considering extending bank merger incentives to mid-2022 - sources
RE
10/15Italy considering extending bank merger incentives to mid-2022 - sources
RE
10/14Italy considering extending bank merger incentives to mid-2022 - sources
RE
10/14UniCredit, Amundi Among Sponsors Of Italy's First Private Equity Fund For Retail Invest..
MT
10/11BANCO BPM S P A : Invito alla Conference Call per la Presentazione dei Risultati al 30 set..
PU
09/21Banks grant Lavazza 500 million euro loan for green projects
RE
08/31BANCO BPM S P A : Consolidated interim financial report as at 30 June 2021
PU
08/23BANCO BPM S P A : General presentation of banco bpm
PU
More news
Analyst Recommendations on BANCO BPM S.P.A.
More recommendations
Financials
Sales 2021 4 396 M 5 105 M 5 105 M
Net income 2021 470 M 546 M 546 M
Net Debt 2021 - - -
P/E ratio 2021 9,42x
Yield 2021 4,00%
Capitalization 4 482 M 5 205 M 5 205 M
Capi. / Sales 2021 1,02x
Capi. / Sales 2022 1,06x
Nbr of Employees 20 551
Free-Float 91,4%
Chart BANCO BPM S.P.A.
Duration : Period :
Banco BPM S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BANCO BPM S.P.A.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 2,96 €
Average target price 3,20 €
Spread / Average Target 8,19%
EPS Revisions
Managers and Directors
Giuseppe Castagna Chief Executive Officer & Executive Director
Edoardo Maria Ginevra Chief Financial Officer
Massimo Tononi Chairman
Federico Maurizio d'Andrea Chairman-Supervisory Board
Angelo Colla Head-Information Technology
Sector and Competitors