Key Developments: Intesa Sanpaolo SpA (ISPn.MI)

ISPn.MI on Milan Stock Exchange

2.86EUR
3 Jul 2015
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€-0.03 (-0.90%)
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Latest Key Developments (Source: Significant Developments)

Moody's upgrades Intesa Sanpaolo SpA rating-Reuters
Sunday, 21 Jun 2015 08:00pm EDT 

Intesa Sanpaolo SpA:Says Moody's upgraded Intesa Sanpaolo's long-term deposit and senior debt ratings to Baa1-Reuters.The outlook is stable.  Full Article

Intesa Sanpaolo SpA says reiterates plan to sell Telecom Italia stake by 2017-Reuters
Thursday, 11 Jun 2015 07:09am EDT 

Intesa Sanpaolo SpA:CEO says reiterates plan to sell Telecom Italia stake by 2017-Reuters.CEO says Telecom Italia stake is not strategic.  Full Article

UniCredit SpA and Intesa Sanpaolo SpA transfer a portfolio of loans worth around 1 billion euros to a vehicle entirely controlled by KKR
Friday, 17 Apr 2015 12:32pm EDT 

Intesa Sanpaolo SpA:Unicredit and Intesa Sanpaolo sign a Memorandum of Understanding with KKR and Alvarez & Marsal.Creation of a securitization vehicle, the "130 Vehicle" and a joint-stock company, the "SPA", to control the vehicle.Vehicle to pool certain portfolios of receivables from medium and long-term loans as well as shares or participating instruments.KKR to be controlling shareholder of the company.Portfolios estimated to have a value of around 1 billion euros.Banks to receive notes of diversified seniority issued by the 130 Vehicle and participating instruments issued by SPA.Aim of Memorandum of Understanding is turnaround and re-launching of medium-large companies.  Full Article

Intesa Sanpaolo SpA: Management Board approves partial demerger of Intesa Sanpaolo Personal Finance SpA and demerger of Mediocredito Italiano SpA
Friday, 10 Apr 2015 11:35am EDT 

Intesa Sanpaolo SpA:Management Board approves plan for the partial demerger of Intesa Sanpaolo Personal Finance SpA in favour of Intesa Sanpaolo SpA.Management Board approves plan for the simultaneous partial demerger of Mediocredito Italiano SpA in favour of Intesa Sanpaolo SpA and Intesa Sanpaolo Provis Srl.  Full Article

DBRS improves Intesa Sanpaolo trend to stable and confirms its ratings
Thursday, 2 Apr 2015 12:20pm EDT 

Intesa Sanpaolo SpA:Says DBRS has confirmed its long-term rating at A (low) and improved trend to Stable from Negative.DBRS has also confirmed short-term rating at R-1 (low) and maintained Stable trend.  Full Article

Intesa Sanpaolo SpA says Moody's may raise rating following review
Wednesday, 18 Mar 2015 04:05am EDT 

Intesa Sanpaolo SpA:Says Moody's is expected to raise rating to Baa1 from Baa2 following review.Moody's affirms P-2 short-term rating.  Full Article

Intesa Sanpaolo SpA launches a 1.5 billion euros seven-year benchmark eurobond
Wednesday, 25 Feb 2015 12:49pm EST 

Intesa Sanpaolo SpA:Launches 1.5 billion euros senior unsecured benchmark eurobond targeted at international markets.The seven-year, fixed-rate bond is issued under the Euro Medium Term Notes Programme of Intesa Sanpaolo.The 1.125 pct coupon is payable in arrears on March 4 of each year.The re-offer price is 99.639 pct.Banca IMI, BNP Paribas, HSBC, Morgan Stanley and UBS Investment Bank act as joint lead managers for the placement of the bond.  Full Article

Intesa Sanpaolo SpA proposes FY 2014 dividend of 0.07 euros per share-Reuters
Tuesday, 10 Feb 2015 07:59am EST 

Intesa Sanpaolo SpA:Proposes FY 2014 dividend of 0.07 euros per share, up from 0.05 euros last year-Reuters.  Full Article

Intesa Sanpaolo SpA approves partial demerger of Intesa Sanpaolo Group Services S.c.p.A.
Friday, 30 Jan 2015 05:53am EST 

Intesa Sanpaolo SpA:Management Board approves the partial demerger of Intesa Sanpaolo Group Services S.c.p.A. in favor of Intesa Sanpaolo S.p.A.  Full Article

UBS says Intesa Sanpaolo and Private Equity International sell all its stake in NH Hotel Group
Friday, 23 Jan 2015 02:35am EST 

NH Hotel Group SA:UBS places NH Hotel Group SA shares for 4.25 euros per share.UBS says sells NH Hotel Group SA shares for a total of 113.8 million euros.UBS says Intesa Sanpaolo SpA and Private Equity International SA sell all its stake in NH Hotel Group.  Full Article

Deals of the day- Mergers and acquisitions

July 1 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

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