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Rome, 30 November 2020

FS Italiane issued a new bond private placement for Euro 250 million (series 15). The bond has 10 years maturity and will be issued off the EMTN Programme listed on Euronext Dublin.

The bond will be issued at par at fixed rate equal to 0.641%, the lowest fixed coupon ever paid by FS for an EMTN bond on capital markets.

Besides, FS seized the opportunity of a good market window, where Italian government bonds hit a record low.

The bond has been fully underwritten by Cassa Depositi e Prestiti, confirming its strategic role alongside Italian corporates to contribute, especially in this very moment, to a sustainable development of the country, through investments in modern and safe infrastructures to promote Italy’s restart.

Credit Agricole CIB acted as Sole Bookrunner.

The bond’s proceeds will be earmarked to RFI railway infrastructure investments.

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