Banco BPM announces EUR 400 million bond issue for BPM Bank stock
Published on 10/17/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBond offer and trading dates
- Banco BPM announced a EUR 400 million Additional Tier 1 bond issue on October 14, 2026.
- BPM Bank stock was last quoted at EUR 13.69 on October 16, 2026, at 10:59 p.m. CEST.
- The tender offer deadline is October 21, 2026, and settlement is expected on October 26, 2026.
Banco BPM announced a EUR 400 million Additional Tier 1 bond issue for institutional investors on October 14, 2026, according to the bank's investor-relations release. The announcement followed the bank's invitation to holders of existing perpetual Additional Tier 1 notes to tender their securities for cash.
Banco BPM stock was last quoted at EUR 13.69 at Lang & Schwarz on October 16, 2026, at 10:59 p.m. CEST. The quote page listed a bid of EUR 13.68 and an ask of EUR 13.70.
Weekend trading
Xetra and the primary exchanges are closed during the weekend-trading period. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CEST is shown by the continuously updated real-time quote of BPM Bank stock.
The tender offer for the existing notes carries a purchase price of 101.450 percent of principal, with the invitation set to expire at 5:00 p.m. CEST on October 21, 2026. Settlement is expected on October 26, 2026, subject to the conditions stated in the announcement. The details are set out in the Banco BPM announcement.
The next Xetra session is scheduled for October 19, 2026. The tender offer deadline is October 21, 2026, followed by the expected settlement date of October 26, 2026.
Market context: Market report FTSE MIB.
