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Offer for the partial repurchase of senior notes issued by UniCredit - Definitive results and occurrence of MAC condition

UniCredit S.p.A. ("UniCredit" or the "Offeror"), further to the press release issued on 15 April 2013, announces that, in the context of the voluntary tender offer for the partial repurchase of some of its notes (the relevant notes, the "Existing Notes" and the "Offer"), the aggregate nominal amount of the Existing Notes validly tendered to the Offer and accepted for purchase by UniCredit is equal to Euro 4,241,032,000.


It is worth remembering that considering the positive results, the Offeror, in accordance with the provisions set forth in the tender offer memorandum, available on the website http://www.unicreditgroup.eu/offerta-riacquisto-obbligazioni-senior (the "Tender Offer Memorandum") and in exercise of its rights, has resolved to increase the maximum nominal value of repurchase (as defined in the Tender Offer Memorandum) beyond the 4 billion limit formerly set, in order to accept all the Existing Notes validly tendered to the Offer.


In relation to the MAC Condition to the Offer, the effectiveness of which is subject to the occurrence of this condition, as described in the Tender Offer Memorandum, UniCredit announces that, as of today, no adverse events have occurred, in the national and/or international context, which could constitute a "material adverse change" under the MAC Condition, and that the Offer shall take effect.


Payment of the Consideration shall take place, in accordance with the provisions set forth in the Tender Offer Memorandum, today.


The following table shows the details of the Existing Notes tendered to the Offer and accepted for purchase by UniCredit for each series.

Name ISIN code Tendered nominal Value (in Euros) Tendered nominal value / Total amount outstanding[1] (%)
UniCredit S.p.A. 2008 – 2015 seven year step-up notes – Series 34/08  IT0004365497 39,655,000 34.77
UniCredit S.p.A. 2009-2015 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 3.00 per cent. p.a. – Series 24/09 IT0004518582 64,901,000 47.89
UniCredit S.p.A. 2009-2015 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.25 per cent. p.a. and a cap of 4.07 per cent. p.a. – Series 28/09 IT0004551419 261,498,000 29.59
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.20 per cent. p.a. and a cap of 4.10 per cent. p.a. – Series 01/10  IT0004557218 272,560,000 27.94
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.10 per cent. p.a. and a cap of 4.00 per cent. p.a. – Series 02/10  IT0004565781 236,986,000 24.37
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.00 per cent. p.a. and a cap of 4.10 per cent. p.a. – Series 06/10  IT0004587496 177,768,000 22.82
UniCredit S.p.A. 2011-2016 five-year notes with variable quarterly coupons linked to Euribor three months, with a floor of 3.105 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 07/11 IT0004697022 304,909,000 43.27
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.10 per cent. p.a. and a cap of 4.00 per cent. p.a. – II – Series 14/10  IT0004616014 78,389,000 20.92
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.35 per cent. p.a. and a cap of 4.00 per cent. p.a. – Series 15/10  IT0004620867 115,671,000 22.50
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.61 per cent. p.a. and a cap of 4.75 per cent. p.a. – Series 16/10  IT0004628548 218,008,000 27.55
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.35 per cent. p.a. and a cap of 3.50 per cent. p.a. – Series 19/10  IT0004638653 144,090,000 23.14
UniCredit S.p.A. 2010-2016 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.50 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 21/10  IT0004644602 335,524,000 28.13
UniCredit S.p.A. 2011-2017 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 2.65 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 02/11  IT0004669575 568,030,000 29.18
UniCredit S.p.A. 2011-2017 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 3.10 per cent. p.a. and a cap of 6.00 per cent. p.a. – Series 03/11  IT0004680804 497,056,000 50.16
UniCredit S.p.A. 2011-2017 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 3.47 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 12/11  IT0004708472 468,451,000 48.07
UniCredit S.p.A. 2011-2017 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 3.135 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 17/11 IT0004725914 315,683,000 47.86
UniCredit S.p.A. 2011-2017 six-year notes with variable quarterly coupons linked to Euribor 3 months with a floor of 3.10 per cent. p.a. and a cap of 5.00 per cent. p.a. – Series 21/11 IT0004740350 141,853,000 47.95

1 "Total amount outstanding" means the nominal value of the Existing Notes net of the nominal value of such notes held by UniCredit S.p.A. as at 2 April 2013.