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Banco Desio’s Successful 300 Million Euro Bond Issuance

Story Highlights
  • Banco Desio completed its first Senior Preferred Bond issuance, raising 300 million euros.
  • The bond issuance saw strong demand, enhancing Banco Desio’s international market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Desio’s Successful 300 Million Euro Bond Issuance

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Banco di Desio e Della Brianza SPA ( (IT:BDB) ) has shared an announcement.

Banco di Desio e della Brianza S.p.A. has successfully completed its first Senior Preferred Bond issuance, raising 300 million euros with significant demand from institutional investors, particularly from foreign markets. The bond, part of a 3 billion euro program listed on the Dublin Stock Exchange, received orders totaling 1.8 billion euros, demonstrating strong investor confidence and enhancing Banco Desio’s international market presence.

The most recent analyst rating on (IT:BDB) stock is a Hold with a EUR7.50 price target. To see the full list of analyst forecasts on Banco di Desio e Della Brianza SPA stock, see the IT:BDB Stock Forecast page.

More about Banco di Desio e Della Brianza SPA

Banco di Desio e della Brianza S.p.A., established in 1909 and listed on the Milan Stock Exchange since 1995, is a modern multi-product banking group with a strong regional presence in Northern and Central Italy and Sardinia. The bank operates 276 branches and employs over 2,500 people, offering services in consumer credit, asset management, and bancassurance through various subsidiaries and partnerships. It has total assets exceeding 18 billion euros.

Average Trading Volume: 89,079

Technical Sentiment Signal: Strong Buy

Current Market Cap: €1.03B

Find detailed analytics on BDB stock on TipRanks’ Stock Analysis page.

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