Mediobanca issues EUR 750 million bond. Mediobanca stock sits 13.21 percent below its high

Published on 10/14/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Orders topped EUR 1.20 billion for Mediobanca's bond on October 6, 2026. Mediobanca stock costs EUR 25.36 on October 14, 2026 versus its EUR 29.22 high.

Bond funding and merger timetable

Mediobanca completed a EUR 750 million covered bond on October 6, 2026.
The merger plan uses an exchange ratio of 2.450 MPS shares for each Mediobanca share.
Mediobanca stock was EUR 25.36 at Lang & Schwarz on October 14, 2026, 13.21 percent below the EUR 29.22 52-week high.
The shareholder meeting is scheduled for October 29, 2026, with financial statements due on November 5, 2026.

Makroaufnahme von Euro-Banknoten und Münzen mit feiner Druckstruktur — Makroaufnahme von Banknoten und Münzen symbolisiert Mediobanca S.p.A. mit ISIN IT0000062957 im Finanzgeschäft Italiens, Illustration mit AI erstellt.

Mediobanca (ISIN IT0000062957) completed a EUR 750.00 million covered bond on October 6, 2026, while the stock was EUR 25.36 at Lang & Schwarz on October 14, 2026, 13.21 percent below its EUR 29.22 52-week high. Mediobanca reported that the three-year issue attracted orders exceeding EUR 1.20 billion and was increased from EUR 500.00 million.

Three events shape the merger

The recent bond issue sits within a wider corporate timetable. On March 10, 2026, Simply Wall St reported an exchange ratio of 2.450 Banca Monte dei Paschi di Siena shares for each Mediobanca share. On September 28, 2026, Mediobanca called shareholders to vote on the merger on October 29, 2026.

The October 6 bond is the latest dated company event in the available reporting window. Its order book exceeded the final issue size by at least EUR 450.00 million, giving investors a concrete measure of demand relative to the EUR 750.00 million transaction.

What follows before the October vote?

The next decision point is the October 29, 2026 shareholder meeting, where ordinary and extraordinary matters include a board appointment and the merger by incorporation into Banca Monte dei Paschi di Siena. The financial calendar on Mediobanca's investor-relations page also lists financial statements for the period ended September 30, 2026, on November 5, 2026.

Market value provides a separate reference point. The finance quote places Mediobanca at a market capitalization of EUR 20.5 billion on October 14, 2026, while its 52-week range is EUR 14.98 to EUR 29.22. The current price is therefore 69.29 percent above the yearly low and 13.21 percent below the yearly high.

Stock remains below its yearly high

Mediobanca was trading at EUR 25.36 at Lang & Schwarz on October 14, 2026 at 10:07 a.m. CEST. The price was 13.21 percent below the EUR 29.22 52-week high, keeping the merger timetable and the November financial update as the next dated reference points. The further course of trading is shown by the continuously updated real-time quote of Mediobanca stock.