IN BRIEF: Nexi's EUR750 million note issue heavily oversubscribed
14th May 2025 20:09
from Alliance News
Nexi SpA - Milan, Italy-based bank focused on payment systems - concludes the placement of senior unsecured, non-convertible notes for EUR750 million, with 6-year maturity and fixed-rate. The note issue to institutional investors registered orders for about EUR3.5 billion, almost 5 times the amount of notes offered.
Current stock price: EUR5.38, down 0.7% in Milan on Wednesday
12-month change: down 16%
By Jeremy Cutler, Alliance News reporter
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