Banco BPM Issues EUR400 Million Bond, Offers to Repurchase EUR300 Million Debt

12:07 AM EDT, 10/15/2026 (MT Newswires) -- Banco BPM (BAMI.MI) issued 400 million euros of additional tier 1 bond with an offer to repurchase outstanding debt, according to a Wednesday filing. Issued at par, the Italian lender's new bond is subject to a 6.75% fixed annual coupon rate and is callable on Oct. 21, 2032. The bank also launched an offer to repurchase 300 million euros of outstanding additional tier 1 perpetual bond.