(Alliance News) - Banco BPM Spa announced on Wednesday the final results of the offer to repurchase its EUR400.0 million perpetual bond issue.

At the expiration of the offer, the total nominal amount of existing bonds amounted to EUR179.5 million, and Banco BPM carried out the repurchase at the same time as issuing a new EUR400.0 million Additional Tier 1 fixed-rate reset perpetual bond denominated in euros.

Banco BPM closed Wednesday up 0.6 percent to EUR6.32 per share.

By Chiara Bruschi, Alliance News reporter

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