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Banca Monte dei Paschi di Siena SpA Announces Completion of Issue of New Financial Instruments


Thursday, 28 Feb 2013 08:14am EST 

Banca Monte dei Paschi di Siena SpA announced that the Ministry of the Economy and Finance subscribed the New Financial Instruments issued by the Bank for an aggregate amount equal to EUR 4,071,000,000, of which EUR 1,900,000,000 to replace the so-called Tremonti Bonds previously issued by the Bank in 2009, and EUR 171,000,000, having entitlement date on July 1, 2013, as early payment of the interest accrued on the so-called Tremonti Bonds for the financial year 2012, considering that the fiscal year results of the Bank as at December 31, 2012 will not be positive.