Obligation Intesa Sanpaolo SpA 6% ( XS0210578869 ) en EUR

Intesa Sanpaolo SpA

100 % ▼

Italie

XS0210578869 ( en EUR )

6% par an ( paiement annuel )

06/02/2035

Prospectus brochure de l'obligation INTESA SANPAOLO S.P.A XS0210578869 en EUR 6%, échéance 06/02/2035

1 000 EUR

50 000 000 EUR

07/02/2026 ( Dans 199 jours )

Intesa Sanpaolo S.p.A. est une banque italienne multinationale, l'une des plus grandes d'Europe, offrant une large gamme de services bancaires et financiers aux particuliers, aux entreprises et aux institutions.

Nous examinons une obligation émise par INTESA SANPAOLO S.P.A., identifiée par le code ISIN XS0210578869. L'émetteur, INTESA SANPAOLO S.P.A., est l'un des principaux groupes bancaires d'Italie et de la zone euro, possédant une position de leader sur son marché domestique. La banque, dont le pays d'émission est l'Italie, offre une gamme complète de services bancaires et financiers, incluant la banque de détail, la gestion de fortune, la banque d'entreprise et d'investissement, et est reconnue pour sa solidité financière et son réseau étendu. Cette obligation, libellée en Euros (EUR), présente un taux d'intérêt fixe de 6%, offrant une rémunération annuelle aux investisseurs, avec une fréquence de paiement des intérêts d'une fois par an. Le prix actuel sur le marché est de 100% de sa valeur nominale, ce qui indique qu'elle se négocie au pair. La taille totale de l'émission de cette obligation s'élève à 50 000 000 EUR, tandis que la taille minimale à l'achat pour les investisseurs est fixée à 1 000 EUR. La maturité de ce titre est prévue pour le 6 février 2035, offrant une perspective d'investissement à moyen-long terme.

Pricing Supplement dated 7th February 2005
Banca Intesa S.p.A.
Issue of EUR 50,000,000 Fixed and CMS Spread Linked Notes due 7 February 2035
under the 17,000,000,000
Global Medium Term Note Programme
This document constitutes the Pricing Supplement relating to the issue of Notes described herein.
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set
forth in the Offering Circular dated 28th July, 2004. This Pricing Supplement contains the final
terms of the Notes and must be read in conjunction with such Offering Circular.
1.

Issuer:
Banca Intesa S.p.A.
2.
(i) Series
Number:
165
(ii)
Tranche
Number:
1
3.

Specified Currency or Currencies:
EUR
4.

Aggregate Nominal Amount:
EUR 50,000,000
(i)
Series:
EUR
50,000,000
(ii)
Tranche:
EUR
50,000,000
5.

(i)
Issue Price:
100.00 per cent. of the Aggregate Nominal
Amount

(ii)
Net proceeds:
EUR 50,000,000
6.

Specified Denominations:
EUR 1,000
7.

(i)
Issue Date:
7 February 2005
(ii)
Interest
Commencement
Not Applicable
Date (if different from the
Issue Date):
8.

Maturity Date:
7 February 2035
9.

Interest Basis:
Fixed Rate/Index Linked
(further particulars specified below in items 16
and 19)
10.
Redemption/Payment Basis:
Redemption at par
11.
Change of Interest or
Applicable to Interest Basis only.
Redemption/Payment Basis:

From (and including) the Issue Date to (but
excluding) 7 February 2008 (the "Fixed Rate
Interest Period") the Notes shall bear
Interest on a Fixed Rate Interest Basis.

FMDCM/AB38891/IRS/SHXM(D006155)
LN:1BCA04B_31(4)

From (and including) 7 February 2008 to (but
excluding) 7 February 2035 (the "Index
Linked Interest Period") the Notes shall bear
Interest on an Index Linked Interest Basis.
12.
Put/Call Options:
Not Applicable
13.
Status of the Notes:
Senior
14.
Listing:
Luxembourg
15.
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Applicable to the Fixed Rate Interest Period

(i)
Rate(s) of Interest:
6 per cent. per annum, payable as indicated
below in item (ii).

(ii)
Interest Payment Dates:
7 February 2006, 7 February 2007 and 7
February 2008 (with no adjustment for
interest accrual).

(iii) Fixed
Coupon
Amounts:
EUR 60 per EUR 1,000 Specified
Denomination payable as indicated above
(item (ii)).

(iv)
Day Count Fraction:
Actual/Actual
(v)
Broken
Amount(s):
Not
Applicable

(vi)
Other terms relating to the
Not Applicable
method of calculating interest for
Fixed Rate Notes:
17.
Floating Rate Note Provisions
Not Applicable
18.
Zero Coupon Note Provisions
Not Applicable
19.
Index-Linked Interest Note Provisions
Applicable

(i)
Index/Formula:
Applicable to the Index Linked Interest
Period.

The Rate of Interest in respect of each
Interest Period falling during the Index
Linked Interest Period will be a percentage
rate, as calculated by the Determination
Agent, which is equal to the following:

4 * (10yrEURSwap 2yrEURSwap)

Where:

FMDCM/AB38891/IRS/SHXM(D006155)
2 LN:1BCA04B_31(4)

"10yEURSwap" means a rate equal to the
EUR-ISDA EURIBOR Swaps Rate-11:00 for
euro swap transactions with a Designated
Maturity (as defined in the ISDA Definitions)
of 10 as determined by the Determination
Agent.

"2yEURSwap" means a rate equal to the
EUR-ISDA EURIBOR Swaps Rate-11:00 for
euro swap transactions with a Designated
Maturity (as defined in the ISDA Definitions)
of 2 as determined by the Determination
Agent.

"EUR-ISDA EURIBOR Swaps Rate-11:00"
means the rate quoted on an annual 30/360
day basis expressed as a percentage
published on the Reuters Page ISDAFIX2
for the Designated Maturity (as defined in
the ISDA Definitions) as of 11:00 a.m.,
Frankfurt time on the relevant Interest
Determination Date under the heading
"Euribor Basis".

The "Interest Determination Date" in
respect of any Interest Period means two
TARGET Settlement Days preceding the
first day of such Interest Period.

"Determination Agent" means Morgan
Stanley Capital Services Inc.

(ii)
Calculation Agent responsible
Deutsche Bank AG acting through its
for calculating the interest due:
London Branch.

(iii)
Provisions for determining Rate
If the EUR-ISDA EURIBOR Swaps Rate-
of Interest where calculation by
11:00 does not appear on Reuters Page
reference to Index and/or
ISDAFIX2 (or any substitute page), or such
Formula is impossible or
page is unavailable the rate for that day will
impractical:
be determined by the Determination Agent
as if the parties had specified "EUR-Annual
Swap Rate Reference Banks" (as defined in
the ISDA Definitions) as the applicable
EUR-ISDA EURIBOR Swaps Rate-11:00.
If fewer than three Reference Banks are
available to be provided to use "EUR-
Annual Swap Rate Reference Banks" as the
applicable EUR-ISDA EURIBOR Swaps
Rate-11:00, the rate for that day will be
determined by the Determination Agent in
its sole discretion.

(iv)
Specified Interest Period(s)/
Interest will be payable in arrear, on 7
Specified Interest Payment
February in each year, from (and including)

FMDCM/AB38891/IRS/SHXM(D006155)
3 LN:1BCA04B_31(4)

Dates:
7 February 2009 up to (and including) the
Maturity Date, subject to the Business Day
Convention for payment purposes (with no
adjustment for interest accrual).

(v)
Business Day Convention:
Following Business Day Convention.

(vi)
Additional Business Centre(s):
Not Applicable

(vii)
Minimum Rate of Interest:
3.00 per cent. per annum

(viii)
Maximum Rate of Interest:
10.00 per cent. per annum

(ix)
Day Count Fraction:
Actual/Actual (ISMA)
20.
Dual Currency Interest Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
21.
Call Option

Not Applicable
22. Put
Option
Not
Applicable
23. Final
Redemption
Amount
of
each
Note 100 per cent. per Note of EUR1,000
Specified Denomination
24.
Early Redemption Amount:
Such amount(s) determined by the
Calculation Agent, in its sole discretion,
Early Redemption Amount(s) payable
which on the due date for the redemption of
on redemption for taxation reasons or
the Notes, shall represent the fair market
on event of default and/or the method of
value of the Notes and which shall have the
calculating the same (if required or if
effect of preserving for the Noteholders the
different from that set out in the
economic equivalent of the obligations of
Conditions)
the Issuer to make the payments, in respect
of the Notes on such relevant Early
Redemption Date.
GENERAL PROVISIONS APPLICABLE TO THE NOTES
25.
Form of Notes:
Bearer Notes:
Temporary Global Note exchangeable for a
Permanent Global Note which is
exchangeable for Definitive Notes in the
limited circumstances specified in the
Permanent Global Note
26.
Additional Financial Centre(s) or other
Not Applicable
special provisions relating to Payment
Dates:
27.
Talons for future Coupons to be
No
attached to Definitive Notes (and dates
on which such Talons mature):

FMDCM/AB38891/IRS/SHXM(D006155)
4 LN:1BCA04B_31(4)

28.
Details relating to Partly Paid Notes:
Not Applicable
amount of each payment comprising
the Issue Price and date on which each
payment is to be made and
consequences (if any) of failure to pay,
including any right of the Issuers to
forfeit the Notes and interest due on
late payment.
29.
Details relating to Instalment Notes:
Not Applicable
amount of each instalment, date on
which each payment is to be made:
30.
Redenomination applicable:
Redenomination not applicable
31.
Renominalisation and reconventioning
Not Applicable
provisions:
32. Consolidation
provisions:
The provisions in Condition 21 (Further
Issues) apply
33.
Other terms or special conditions:
Not Applicable
DISTRIBUTION
34.
(i)
If syndicated, names of
Not Applicable
Managers:

(ii)
Stabilising Manager (if any):
Not Applicable
35.
If non-syndicated, name of Dealer:
Morgan Stanley & Co. International Limited
36.
TEFRA:
The D Rules are applicable.
37.
Additional selling restrictions:
Not Applicable
OPERATIONAL INFORMATION
38. ISIN
Code:
XS0210578869
39. Common
Code:
021057886
40. CUSIP:
Not
Applicable
41.
Any clearing system(s) other than
Not Applicable
Euroclear and CBL and the relevant
identification number(s):
42. Delivery:
Delivery
against
payment
43.
Additional Paying Agent(s) (if any):
None

LISTING APPLICATION

FMDCM/AB38891/IRS/SHXM(D006155)
5 LN:1BCA04B_31(4)

This Pricing Supplement comprises the final terms required to list the issue of Notes described
herein pursuant to the EUR17,000,000,000 Global Medium Term Note Programme of Banca
Intesa S.p.A. and Intesa Bank Ireland p.l.c. guaranteed, in respect of Notes issued by Intesa Bank
Ireland p.l.c., by Banca Intesa S.p.A.
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in this Pricing Supplement. To the
best of the knowledge and belief of the Issuer, the information contained in this Pricing
Supplement is in accordance with the facts and does not omit anything likely to affect the import
of such information.
ISSUER DETAILS
Registered Office:
Piazza P. Ferrari 10
20121,
Milan
Italy

Share Capital:
[ ]
Company Number:
[ ]
Corporate Object:
[ ]

Signed on behalf of the Issuer:

By: .........................................
Duly authorised

FMDCM/AB38891/IRS/SHXM(D006155)
6 LN:1BCA04B_31(4)