Bond UniCred 0% ( XS0249857094 ) in EUR

Issuer UniCred
Market price 100 %  ▲ 
Country  Italy
ISIN code  XS0249857094 ( in EUR )
Interest rate 0%
Maturity 07/04/2016 - Bond has expired



Prospectus brochure of the bond UniCredit XS0249857094 in EUR 0%, expired


Minimal amount /
Total amount /
Detailed description UniCredit is a major Italian banking group offering a wide range of financial services including commercial banking, investment banking, and wealth management across Europe, Central and Eastern Europe, and the Middle East.

The Bond issued by UniCred ( Italy ) , in EUR, with the ISIN code XS0249857094, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Bond maturity is 07/04/2016








EXECUTION COPY

Final Terms dated 5 April 2006
Capitalia S.p.A.
Issue of Euro 400,000,000 Subordinated Lower Tier II Step-up Callable Floating Rate Notes
due 2016
under the Euro 12,000,000,000
Euro Medium Term Note Programme
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set
forth in the Base Prospectus (the "Base Prospectus") dated 27 September 2005 which constitutes
a base prospectus for the purposes of Directive 2003/71/EC (the "Prospectus Directive"). This
document constitutes the Final Terms of the Notes described herein for the purposes of Article
5.4 of the Prospectus Directive and must be read in conjunction with such Base Prospectus.
Full information on the Bank and the Notes described herein is only available on the basis of a
combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for
viewing at the office of the Agent and the website of the Luxembourg Stock Exchange
www.bourse.lu. Copies may be obtained during normal business hours at the specified offices of
the Paying Agents.
1.
Issuer: Capitalia
S.p.A.
2.
Series Number:
43
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount of Notes:
Euro 400,000,000
5. (i)
Issue Price:
99.766 per cent. of the Aggregate Nominal
Amount

(ii)
Net proceeds:
Euro 398,880,000
6.
Specified Denomination:
Euro 1,000
7.
Issue Date:
7 April 2006
8.
Maturity Date:
7 April 2016
9.
Interest Basis:
3-month EURIBOR plus 0.30 per cent. per
annum Floating Rate from, and including,
the Issue Date to, but excluding the Specified
Interest Payment Date falling in April 2011
and 3-month EURIBOR plus 0.60 per cent.
per annum Floating Rate thereafter
(further particulars specified below)
10.
Redemption/Payment Basis:
Redemption at par
11.
Change of Interest or Redemption/
As specified in paragraph 17(viii) below
Payment Basis:

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Payment Basis:
12.
Put/Call Options:
Issuer Call
(further particulars specified below)
13.
Status of the Notes:
Lower Tier II Subordinated Notes
14.
(i)
Listing: Luxembourg

(ii)
Admission to trading:
Application has been made for the Notes to
be admitted to trading on the regulated
market of the Luxembourg Stock Exchange
15.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Not Applicable
17.
Floating Rate Note Provisions Applicable


(i)
Specified Period(s)/Specified
Interest shall be paid on 7 April, 7 July, 7
Interest Payment Dates:
October and 7 January of each year, subject
in each case to adjustment in accordance
with the Business Day Convention specified
below

(ii)
Business Day Convention:
Modified Following Business Day
Convention

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

(iv)
Manner in which the Rate(s) of
Screen Rate Determination
Interest is/are to be determined:

(v)
Party responsible for calculating
Not Applicable
the Rate(s) of Interest and Interest
Amount(s) (if not the Principal
Paying Agent):

(vi)
Screen Rate Determination:



-
Reference Rate:
3-month EURIBOR

-
Relevant Screen Page:
Telerate page 248

-
Interest Determination Date(s):
Two Business Days prior to the
commencement of each Interest Period

-
Relevant Time:
11.00 a.m. Brussels time

2




-
Relevant Financial Centre:
Euro-zone (where Euro-zone means the
region comprised of the countries whose
lawful currency is the Euro)

(vii)
ISDA Determination:
Not Applicable

(viii)
Margin(s):
+ 0.30 per cent. per annum until 7 April
2011, and + 0.60 per cent. per annum
thereafter

(ix)
Minimum Rate of Interest:
Not Applicable

(x)
Maximum Rate of Interest:
Not Applicable

(xi)
Day Count Fraction:
Actual/360

(xii)
Fall back provisions, rounding
Not Applicable
provisions, denominator and any
other terms relating to the method
of calculating interest on Floating
Rate Notes, if different from those
set out in the Conditions:
18.
Zero Coupon Note Provisions
Not Applicable
19.
Index-Linked Interest Note Provisions
Not Applicable
20.
Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
21.
Call Option
Applicable
(i)
Optional Redemption Date(s)
7 April 2011 and at each Interest Payment

(Call):
Date thereafter, except the Maturity Date
subject to prior approval of the Bank of Italy

Par
(ii)
Optional Redemeption Amount(s)
(Call):



(iii) If redeemable in part:
Not Applicable
(a)
Minimum
Redemption


Amount:
Not Applicable

(b)
Maximum Redemption



Amount:
Not Applicable
(iv) Notice
period:
22.
Put Option
Not Applicable
23.
Final Redemption Amount of each Note
Euro 1,000 per Note of Euro 1,000 Specified
Denomination

3




24.
Early Redemption Amount


Early Redemption Amount(s) of each
As set out in the Conditions
Note payable on redemption for taxation
reasons or on event of default or other
early redemption and/or the method of
calculating the same (if required or if
different from that set out in the
Conditions):
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 or Receipts to
No
be attached to Definitive Notes (and dates
on which such Talons mature):
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 Issuer to forfeit the Notes and
interest due on late payment:
29.
Consolidation provisions:
The provisions in Condition 21 (Further
Issues) apply
30.
Other terms or special conditions:
Not Applicable
DISTRIBUTION
31.
(i)
If syndicated, names and addresses ABN AMRO Bank N.V.
of Managers:
250 Bishopsgate
London EC2M 4AA
Capitalia S.p.A.
Via Marco Minghetti 17

4



00187 Rome
Lehman Brothers International (Europe)
25 Bank Street
London E14 5LE
(Lehman Brothers International (Europe) and
ABN AMRO Bank N.V. are the sole
underwriters of the Notes)

(ii)
Stabilising Manager (if any):
Not Applicable
32.
If non-syndicated, name of Dealer:
Not Applicable
33.
TEFRA:
The D Rules are applicable
34.
Additional selling restrictions:
Not Applicable
LISTING AND ADMISSION TO TRADING APPLICATION
These Final Terms comprise the final terms required to list and have admitted to trading the
issue of Notes described herein pursuant to the Euro 12,000,000,000 Euro Medium Term Note
Programme of Capitalia S.p.A.
RESPONSIBILITY
The Bank accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Bank:
By:
Duly Authorised


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PART B - OTHER INFORMATION
1.
ADDITIONAL INFORMATION
Not Applicable
2.
LISTING


(i)
Listing:
Luxembourg Stock Exchange (Bourse de
Luxembourg)

(ii)
Admission to trading:
Application has been made for the Notes to
be admitted to trading on the Regulated
Market of the Luxembourg Stock Exchange
with effect from the Issue Date

(iii)
Estimate of total expenses related
Euro 6,175 (listing fees)
to admission to trading:
3.
RATINGS


Ratings:
The Notes to be issued have been rated:

Moody's: A3


Fitch: BBB +
4.
NOTIFICATION
The Commission de Surveillance du Secteur Financier has provided Consob with a
certificate of approval attesting that the Base Prospectus has been drawn up in
accordance with the Prospectus Directive.
5.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Bank is
aware, no person involved in the offer of the Notes has an interest material to the offer.
6.
HISTORIC INTEREST RATES
Details of historic EURIBOR rates can be obtained from Telerate page 248. Such
information is not deemed incorporated in these Final Terms.
7.
OPERATIONAL INFORMATION
ISIN
Code:
XS0249857094
Common
Code:
024985709

Any clearing system(s) other than
Not Applicable
Euroclear and Clearstream, Luxembourg
and the relevant identification number(s):

Delivery:
Delivery against payment

6






Names and addresses of additional Paying Not Applicable
Agent(s) (if any):



7