BIT:IFDiversified Financial
A Look At Banca IFIS (BIT:IF) Valuation After Its €400 Million Subordinated Notes Issuance
Banca IFIS’s new subordinated notes and what they could mean for shareholders
Banca IFIS (BIT:IF) has just completed a €400 million fixed income offering, issuing 4.546% callable subordinated notes due April 2036. This is a move that matters for how the bank funds its business.
See our latest analysis for Banca IFIS.
The new subordinated notes come as the share price sits at €26.3, with recent trading showing a 4.7% 1 month share price return and a 19.2% 3 month share price return. The 1 year...