Allen & Overy has advised Banco BPM in relation to the bank’s second issue of European Covered Bonds (Premium).
The issuance, intended for institutional investors, has a nominal value of EUR500 million, a maturity of three years and has been finalised under Banco BPM’s EUR10 billion Obbligazioni Bancarie Garantite (BPM Covered Bond 2) Programme.
A&O’s team advising Banco BPM was led by partner Pietro Bellone, with the support of associate Chiara D’Andolfo and legal intern Francesco Balli.