Italian bank, Banca Sistema, lists €175m notes on MSM
Banca Sistema lists for the first time on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE) with issuance of €175m notes. The notes, with a 1.75% interest rate, have a maturity date of October 2020.
About Banca Sistema
Banca Sistema was founded in 2011, as a bank specialized in financing and managing trade receivables owed by the Italian Public Administrations.
Banca Sistema provides services to a wide range of clients including large multinationals, small and medium-sized companies, professionals and private savers.
In addition, Banca Sistema offers debt management and collection products and has main offices in Milan, Rome and London.