(Alliance News) - BFF Bank Spa on Tuesday mandated Intesa Sanpaolo Spa, Citigroup and Morgan Stanley to organize a series of meetings with institutional investors in the coming days aimed at evaluating a possible Reg-S senior unsecured preferred bond issue.

The nominal amount will be up to EUR300 million at a fixed rate, maturing in 5NC4 years, to be placed with qualified institutional investors.

The bond will be issued under the bank's EMTN program.

BFF Bank on Tuesday trades in the red by 0.2 percent at EUR12.38 per share

By Maurizio Carta, Alliance News reporter

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