Credito Emiliano Renews €1 Billion Commercial Paper Programme with Expanded Options
Credito Emiliano has renewed its €1 billion Multi-Currency Commercial Paper Programme. The programme, first launched in 2023 to diversify funding sources, allows for the issuance of short-term instruments in euro, U.S. dollars, and pounds sterling with maturities ranging from one to twelve months.
The renewal introduces eligibility for listing on the professional segment of Euronext Access Milan, expands the dealer group alongside Arranger Crédit Agricole CIB, maintains STEP-compliant certification and Fitch and Moody's short-term ratings.
The update also adds new dealers Banca Akros, Banco Santander, BNP Paribas, Equita SIM, and ING Bank to the syndicate. Legal advisors Hogan Lovells Cadwalader and Chiomenti are supporting the programme, with Citibank acting as Paying Agent.