BofA update shows where active managers are putting money
MILAN - Nexture SpA has completed a €425 million floating rate note offering maturing on July 30, 2032, according to a post-stabilization announcement released Wednesday by BNP Paribas (OTC:BNPQY).
The notes were priced at 99.00% of face value, with BNP Paribas and UniCredit serving as joint global coordinators. Credit Agricole (OTC:CRARY) CIB, Intesa Sanpaolo (OTC:ISNPY), Natixis, and UBS acted as bookrunners for the transaction.
BNP Paribas, which had been appointed as stabilization manager, confirmed that no market stabilization activities were undertaken following the bond issuance. Stabilization measures are sometimes implemented to support the price of newly issued securities.
The announcement follows a pre-stabilization notice dated July 15, 2025, and marks the completion of the offering process.
The information was disclosed in a standard post-stabilization period announcement from BNP Paribas Primary New Issues, which noted that no stabilization within the meaning of Article 3.2(d) of the Market Abuse Regulation was carried out by the appointed stabilization managers.
The securities have not been registered under the United States Securities Act of 1933 and are not being offered for sale in the United States, according to the press release statement.
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