Intesa Sanpaolo Reinforces European Corporate Banking Presence Through Major 2025 Financing and Bond Transactions

Intesa Sanpaolo Reinforces European Corporate Banking Presence Through Major 2025 Financing and Bond Transactions

(IN BRIEF) Intesa Sanpaolo has highlighted the growing European role of its IMI Corporate & Investment Banking Division, which participated in financing transactions with a total value of more than €170 billion in 2025, excluding Italy, including more than €30 billion in project finance deals representing over 20% of the European total. The division also acted as Bookrunner in bond issues worth around €60 billion, confirming its position in corporate banking, structured finance, capital markets and sustainable finance. The announcement coincides with the 50th anniversary of Intesa Sanpaolo’s presence in Luxembourg, where Intesa Sanpaolo Bank Luxembourg plays a strategic role as the leading Italian bank of systemic importance in the Grand Duchy and part of IMI CIB’s International Network supporting clients in 23 countries. The division’s recent European transactions include major financing and capital markets roles for Telefónica, Mercedes-Benz, Coca-Cola HBC, Engie, Belfius, EDF, Heidelberg Materials, La Banque Postale, Eutelsat, Klépierre, Stockholm Exergi and ProSieben. The anniversary programme in Luxembourg brings together Group executives, government representatives, the Italian diplomatic community and financial stakeholders, while also showcasing works from Intesa Sanpaolo’s art collection by Jannis Kounellis.

(PRESS RELEASE) LUXEMBOURG/MILAN, 11-Jun-2026 — /EuropaWire/ — Intesa Sanpaolo has reinforced its position as one of the leading banking groups in Europe, reporting that its IMI Corporate & Investment Banking Division participated in financing transactions with a total value of more than €170 billion across the European market in 2025, excluding Italy.

The results underline the Group’s role in strategic transactions across infrastructure, energy transition, telecommunications, automotive, new materials, food and beverage, financial institutions and capital markets. The figures were presented as Intesa Sanpaolo marked the 50th anniversary of its presence in Luxembourg, a key location for the Group’s international activities.

Led by CEO Carlo Messina, Intesa Sanpaolo said IMI CIB acted together with other banks as Mandated Lead Arranger in financing transactions totalling more than €170 billion in Europe during 2025. This included project finance deals worth more than €30 billion, representing over 20% of the European total. The division also acted as Bookrunner in bond issues worth approximately €60 billion.

A delegation from the IMI CIB Division, led by Chief Mauro Micillo, is presenting the division’s most recent and significant European transactions to members of Luxembourg’s economic and financial community as part of the anniversary programme.

Micillo said the transactions completed in Europe, together with the results achieved in 2025 and the first quarter of 2026, confirm Intesa Sanpaolo’s strength and dynamism. He said the Group is further strengthening its position in European corporate banking, structured finance and capital markets, while also acting as a reference bank in sustainable finance.

He added that the expertise and relationships developed by IMI CIB’s International Network, particularly through Intesa Sanpaolo Luxembourg, allow the Group to act as a key player in international markets. Micillo said Intesa Sanpaolo expects further growth in Europe, supported by EU investment in areas such as climate transition, digital infrastructure, aerospace and defence, the Blue Economy and health.

The IMI CIB Division played a role in several major European transactions during 2025 and 2026. In Spain, it acted as Active Joint Bookrunner for Telefónica’s €750 million senior unsecured bond issue. In Germany, it served as Joint Bookrunner for Mercedes-Benz’s two-tranche bond totalling €1.3 billion. In Greece, it was Joint Global Coordinator and Joint Bookrunner for Coca-Cola HBC’s three-tranche bond issue worth €2.1 billion.

In France, IMI CIB acted as Joint Bookrunner for Engie’s €600 million hybrid green bond and for EDF’s four-tranche green nuclear bond issue totalling €2.75 billion. It also acted as Active Joint Bookrunner for La Banque Postale’s €1 billion covered bank bond issue. In Belgium, the division acted for the first time as Active Joint Bookrunner in Belfius’ €750 million Senior Non-Preferred project.

Other transactions included acting as Joint Bookrunner for Heidelberg Materials’ €600 million green bond in Germany and as Bookrunner for Eutelsat’s €670 million capital increase connected to the approximately €5 billion IRIS² strategic initiative. In France, the division also coordinated the refinancing of a €1.2 billion syndicated revolving credit line for Klépierre, one of Europe’s leading shopping centre real estate companies, with the Paris branch participating as Bookrunner and Mandated Lead Arranger.

In Sweden, IMI CIB served as Sole Global Coordinator and Sole Bookrunner for the €700 million financing of BECCS Stockholm, one of the world’s largest facilities for the capture and permanent storage of CO₂. In Germany, the division acted as financial adviser in the takeover bid by MFE – MediaForEurope for ProSiebenSat.1 Media SE, while also serving as Underwriter, Bookrunner and Mandated Lead Arranger in the transaction’s pool financing.

The anniversary also highlights the strategic role of Intesa Sanpaolo Bank Luxembourg S.A., which is part of IMI CIB’s International Network supporting corporate clients in 23 countries. The bank is the leading Italian bank of systemic importance in Luxembourg and one of the six Other Systemically Important Institutions designated by the Commission de Surveillance du Secteur Financier.

Intesa Sanpaolo Bank Luxembourg supports large corporate clients, financial institutions and public bodies through corporate banking, structured finance and securitisation, capital markets, sustainable finance, treasury management and transaction banking. It is also an issuer under a €70 billion Euro Medium Term Note programme listed on the Luxembourg Stock Exchange and participates in the Intesa Sanpaolo Group’s €30 billion Euro Commercial Paper programme.

To mark the 50th anniversary, Mauro Micillo and Massimo Torchiana, Managing Director and CEO of Intesa Sanpaolo Luxembourg, are hosting a reception at Cercle Cité in Luxembourg City. Guests include Luxembourg Prime Minister Luc Frieden, Italian Ambassador Carmine Robustelli, Luxembourg Finance Minister Gilles Roth and representatives from the Grand Duchy’s economic and financial community.

Intesa Sanpaolo’s history in Luxembourg began on June 2, 1976, with the creation of Société Européenne de Banque S.A., a strategic joint venture involving Banca Commerciale Italiana Holding, Banca della Svizzera Italiana and Compagnie Monégasque de Banque. Today, Intesa Sanpaolo Bank Luxembourg has 170 employees and operates from Intesa Sanpaolo House, an eight-storey building in the Cloche d’Or business district that has brought together the Group’s Luxembourg entities since 2022.

In addition to Intesa Sanpaolo Bank Luxembourg, Intesa Sanpaolo House also hosts Intesa Sanpaolo Wealth Management, the Group’s international private banking hub, and the Luxembourg branch of Eurizon Capital SGR, which specialises in the establishment and management of investment funds under Luxembourg law.

The anniversary is also being marked through culture. From June 2, Italy’s Republic Day and the date marking 50 years since Intesa Sanpaolo’s Luxembourg presence began, the bank has exhibited three works by Jannis Kounellis from its art collection in the Grand Duchy. Following an initial display at the residence of the Italian Ambassador, the works are now open to the public at Intesa Sanpaolo House.

The initiative connects the Group’s banking history in Luxembourg with its long-standing commitment to art. In 1976, the same year it established its presence in Luxembourg, Banca Commerciale Italiana acquired the first of three works titled Senza titolo by Kounellis, one of the leading figures of Arte Povera. That period helped lay the foundation for what has become one of the world’s most important banking art collections.

Media Contact:

Corporate & Investment Banking and Governance Areas
stampa@intesasanpaolo.com

SOURCE: Intesa Sanpaolo