Intesa Sanpaolo, through the IMI Corporate & Investment Banking Division (IMI CIB), confirms its position among the leading banks in the European market, where in 2025, excluding Italy, it took part, together
with other banks, in:
- financing transactions with a total value of over 170 billion euros, as Mandated Lead Arranger, including project finance deals for over 30 billion euros, representing more than 20% of the European total;
- bond issues worth approximately 60 billion euros as Bookrunner.
On the occasion of the 50th anniversary of Intesa Sanpaolo’s presence in Luxembourg, a delegation from the IMI CIB Division, led by Chief Mauro Micillo, today will present the most recent and important transactions concluded at European level to representatives of the Grand Duchy’s economic and financial community.
Mauro Micillo, Chief of Intesa Sanpaolo’s IMI CIB Division, commented: « The numerous transactions finalised in Europe and the significant results achieved in 2025 and the first quarter of 2026 confirm our strength and dynamism. Intesa Sanpaolo is increasingly strengthening its presence on the European market in Corporate Banking, structured finance and the capital market, and is the bank of reference in sustainable finance. The expertise and relationships of the IMI CIB Division’s International Network, in particular those of Intesa Sanpaolo Luxembourg, whose 50th anniversary we are celebrating today, allow us to act as key players in several international contexts, starting with Europe. We expect to grow further in the area, thanks in part to the impetus provided by the investments initiated by the EU in key sectors such as the
climate transition, digital infrastructure, aerospace and defence, the Blue Economy and health”.
Some of the IMI CIB Division’s main transactions in Europe in 2025-26
In Europe, there are numerous significant transactions with both Corporate and Institutional clients in sectors such as infrastructure, energy transition, telecommunications, automotive, new materials, food & beverage and financials, in which the IMI CIB Division has played a leading role, collaborating with major international banking groups and confirming its strategic role in supporting international development.
- Telefonica (2026, Spain) – Active Joint Bookrunner in the placement of a senior unsecured bond issue of 750 million euros.
- Mercedes-Benz (2026, Germany) – Joint Bookrunner in the placement of a twotranche bond for a total of 1.3 billion euros.
- Coca Cola HBC (2026, Greece) – Joint Global Coordinator and Joint Bookrunner in the placement of a three-tranche bond for a total of 2.1 billion euros.
- Engie (2026, France) – Joint Bookrunner in the placement of a green bond, in a hybrid format, for 600 million euros.
- Belfius (2026, Belgium) – Active Joint Bookrunner for the first time as part of Belfius’ Senior Non-Preferred project for 750 million euros.
- EDF – Électricité de France (2026, France) – Joint Bookrunner in the placement of a four-tranche green nuclear bond for a total of 2.75 billion euro.
- Heidelberg Materials (2026, Germany) – Joint Bookrunner in the placement of a green bond for 600 million euros.
- La Banque Postale (2026, France) – Active Joint Bookrunner in the placement of the covered bank bond issue for 1 billion euros.
- Eutelsat (2026-25, France) – Bookrunner for the capital increase of 670 million euros for the execution of the IRIS² strategic initiative of approximately 5 billion.
- Klépierre (2025, France) – Coordinator for the refinancing of a syndicated revolving credit line of 1.2 billion euros for Klépierre, one of the leading European companies operating in the shopping centre real estate sector. The Paris branch participated in the transaction as bookrunner and MLA.
- Stockholm Exergi – BECCS Stockholm (2025, Sweden) – Sole Global Coordinator and Sole Bookrunner in the 700 million euro financing to support the construction of BECCS Stockholm, one of the world’s largest facilities for the capture and permanent storage of CO 2.
- ProSieben (2025, Germany) – Financial advisor in the takeover bid by MFE – Media for Europe for ProSiebenSat.1 Media SE (ProSieben). Underwriter, Bookrunner and MLA in the pool financing of the transaction.
The 50th anniversary of Intesa Sanpaolo Luxembourg
Part of the International Network of the IMI CIB Division that supports corporate clients in 23 countries, Intesa Sanpaolo Bank Luxembourg S.A. is the leading Italian bank of systemic importance in the Grand Duchy – one of the six Other Systemically Important Institutions designated by the Commission de Surveillance du Secteur Financier – a strategic presence in the financial heart of continental Europe for the
Group’s international activities, highly specialised in services dedicated to large corporate clients, financial institutions and public bodies (Corporate Banking, Structured Finance & Securitisation, Capital Markets, Sustainable Finance and Treasury Management & Transaction Banking).
Intesa Sanpaolo Bank Luxembourg is an issuer under a 70 billion euro Euro Medium Term Note programme listed on the Luxembourg Stock Exchange and participates in a 30 billion euro Euro Commercial Paper programme of the Intesa Sanpaolo Group.
Tonight, to celebrate the 50th anniversary of Intesa Sanpaolo in the Grand Duchy and to illustrate the activities of the IMI CIB Division, Chief Mauro Micillo and the Managing Director and CEO of Intesa Sanpaolo Luxembourg, Massimo Torchiana, will welcome the Prime Minister of Luxembourg, Luc Frieden, the Ambassador of Italy, Carmine Robustelli, the Minister of Finance of Luxembourg, Gilles Roth, and a delegation from the economic and financial community of the Grand Duchy to a reception at the Cercle Cité in Place d’Armes, in the historic centre of Luxembourg City.
The history of Intesa Sanpaolo Luxembourg dates back to 2 June 1976, with the establishment of Société Européenne de Banque S.A., a strategic joint venture between Banca Commerciale Italiana Holding – a company incorporated under Luxembourg law in which BCI’s foreign holdings were concentrated – Banca della Svizzera Italiana – a long-standing subsidiary in Ticino – and Compagnie Monégasque de Banque.
Today, Intesa Sanpaolo Bank Luxembourg has 170 employees and is based in Intesa Sanpaolo House, a new eight-storey building at 28 Boulevard de Kockelscheuer, in the Cloche d’Or business district, where the Group’s various entities in Luxembourg have been brought together since 2022.
The other entities of the Intesa Sanpaolo Group in Luxembourg
In addition to Intesa Sanpaolo Luxembourg, Intesa Sanpaolo House in Luxembourg houses:
- Intesa Sanpaolo Wealth Management, the Group’s international Private Banking hub, which also operates with the Fideuram Direct platform to offer Digital Wealth Management and investment services;
- Eurizon Capital SGR – Luxembourg Branch, which specialises in the establishment and management of investment funds under Luxembourg law.
Three works from the Intesa Sanpaolo collection for Republic Day and the 50th anniversary
From 2 June, Republic Day and the anniversary of the start of Intesa Sanpaolo’s presence in Luxembourg fifty years ago, the Bank has chosen to exhibit three works by Jannis Kounellis from its art collection in the capital of the Grand Duchy, thanks to the collaboration with Gallerie d’Italia. After being displayed at the residence of the Italian Ambassador, the works are now open to the public at Intesa Sanpaolo House.
In the summer of 1976, the year in which it established itself in Luxembourg, the Banca Commerciale Italiana purchased the first of three works entitled Senza titolo by Jannis Kounellis, a Greek painter and sculptor born in Piraeus in 1936 and naturalised as an Italian, one of the leading figures of Arte Povera who died in Rome in 2017. The Group’s strategy of globalising its banking activities in those years was accompanied
by a focus on art, laying the foundations for the creation of what is now one of the most important banking collections in the world.
