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Intesa Sanpaolo to redeem €500 million fixed-rate reset note due 2027
By Devika Patel
Knoxville, Tenn., Aug. 17 – Intesa Sanpaolo SpA announced it will redeem all €500 million of its fixed-rate reset subordinated notes due September 2027 (ISIN: XS1580469895), which were issued on March 15, 2017, at par plus interest to, but excluding, Sept. 15, the redemption date.
The financial services company is based in Turin, Italy.
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