International law firm Simmons & Simmons has advised the dealers, Intesa Sanpaolo and UniCredit, as well as the co-dealers, Banca Monte dei Paschi di Siena and Banco BPM, on the inaugural issuance of BTP Italia Sì, the new Italian government bond indexed to domestic inflation, which will have a five-year maturity.
The government bond is conceived for retail investors only, offering an additional final premium of 0.6% of the principal invested to those who purchase it at issuance and hold it until maturity in 2031.
The new bond was placed on the market through Borsa Italiana's electronic bond market (MOT), in a single phase dedicated entirely to retail investors.
The Simmons team was led by financial markets partner Paola Leocani with support from counsel Baldassarre Battista.
