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Banco di Desio e Della Brianza SPA ( (IT:BDB) ) has shared an announcement.
Banco di Desio e della Brianza S.p.A. has successfully completed its first Senior Preferred Bond issuance, raising 300 million euros with significant demand from institutional investors, particularly from foreign markets. The bond, part of a 3 billion euro program listed on the Dublin Stock Exchange, received orders totaling 1.8 billion euros, demonstrating strong investor confidence and enhancing Banco Desio’s international market presence.
The most recent analyst rating on (IT:BDB) stock is a Hold with a EUR7.50 price target. To see the full list of analyst forecasts on Banco di Desio e Della Brianza SPA stock, see the IT:BDB Stock Forecast page.
More about Banco di Desio e Della Brianza SPA
Banco di Desio e della Brianza S.p.A., established in 1909 and listed on the Milan Stock Exchange since 1995, is a modern multi-product banking group with a strong regional presence in Northern and Central Italy and Sardinia. The bank operates 276 branches and employs over 2,500 people, offering services in consumer credit, asset management, and bancassurance through various subsidiaries and partnerships. It has total assets exceeding 18 billion euros.
Average Trading Volume: 89,079
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.03B
Find detailed analytics on BDB stock on TipRanks’ Stock Analysis page.