Banca Carige S.P.A. Announces Cancellation of EUR 150,000,000 Floating Rate Covered Bonds Due 25 January, 2022
May 26, 2020 at 08:38 pm EDT
Banca Carige S.p.A. announced that the EUR 150,000,000 Floating Rate Covered Bonds due 25 January 2022 - ISIN Code: IT0005220998 issued by Banca Carige S.p.A. under the EUR 5,000,000,000 Covered Bond Programme Obbligazioni Bancarie Garantite), unconditionally and irrevocably guaranteed as to payments of interest and principal by Carige Covered Bond S.r.l. that Banca Carige S.p.A., in its capacity as Issuer, on 27 May 2020, has cancelled and delisted an amount equal to EUR 150,000,000, being the entire amount of the Covered Bonds. In light of the above, on 27 May 2020, the above-mentioned Covered Bonds will be cancelled in whole.