Variabile Euribor 3m + 300 bp fino al dicembre 2010 poi Euribor 3m +
450 bp
E' una piccola emissione da 75MLN, citata nel prospetto della "nostra" 290 come "equivalente", potrebbe essere di buon auspicio (vedi sotto)...
(c) Substitution: Upon the Merger, certain assets and liabilities of Banco Popolare di Verona e Novara S.C.a r.l. and BPI (including the Notes) will be transferred to Banco Popolare Soc. Coop. (or to such other company into which or with which Banco Popolare di Verona e Novara S.C.a r.l. and BPI may be merged, hereinafter the “New Issuer”), which will on the Merger Date, without the consent of the Step-Up Noteholders, assume liability as principal debtor in respect of the Step-Up Notes in place of the Issuer.
As of and from the Merger Date:
(i) the New Issuer shall be deemed to be named in the Step-Up Notes, the Deed of Covenant and the Agency Agreement as the principal debtor in place of Banco Popolare di Verona e Novara S.C.a r.l. as Issuer and the Step-Up Notes, the Deed of Covenant and the Agency Agreement shall thereupon be deemed to be amended to give effect to the substitution and “Issuer” shall mean the New Issuer;
(ii) the definition of “Parity Securities” in these Conditions shall be replaced with the following definition:
“Parity Securities” means (A) any obligations or instruments issued by the Issuer which rank equally with the Step-Up Notes (including the obligations of the Issuer in its capacity as guarantor of €500,000,000 non-cumulative guaranteed fixed/floating rate perpetual trust preferred securities issued on 30 June 2005 (ISIN: XS0223454512), €75,000,000 floating rate perpetual trust preferred securities issued on 29 December 2000 (ISIN:
XS0122427940) and €25,000,000 floating rate perpetual trust preferred securities issued on 22 September 2000 (ISIN: XS0108916718), and (B) any guarantees or similar instruments of the Issuer which rank equally with the Step-Up Notes and which are granted for the benefit of preferred securities or preferred or preference shares issued by any Subsidiary of the Issuer;
Il Banco Popolare intende dar corso al richiamo delle Preferred Securities alla
prima data utile successiva al regolamento dell’aumento di capitale approvato
dall’Assemblea Straordinaria dei Soci il giorno 11.12.2010 in quanto, ai sensi
delle vigenti Istruzioni di vigilanza in materia (cfr. comunicazione della Banca
d’Italia del 21.08.2009 pubblicata nel Bollettino di Vigilanza dell’agosto 2009),
il rimborso anticipato di tali strumenti può avvenire, previa autorizzazione della
Banca d’Italia, a condizione che gli stessi siano sostituiti integralmente e
preventivamente con strumenti di qualità patrimoniale almeno equivalente. Si
segnala che a partire dal 29 dicembre 2010, i titoli saranno rimborsabili
trimestralmente in corrispondenza di ciascuna data di pagamento delle cedole.
Lo allego in italiano, è anche più comodo da leggere
