UniCredit clears over €1.2 billion bond, shares in focus on Borsa Italiana
23.06.2026 - 14:53:01 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 14:49.
UniCredit (IT0000062072) moves its funding mix again. The Milan-based bank, whose shares trade on Borsa Italiana and are part of the FTSE MIB, has approved the early full redemption of a €1.25 billion bond, according to Alliance News on June 23.
Details of the €1.25 billion redemption
According to an Alliance News report carried by MarketScreener, UniCredit will exercise its option to redeem in full a €1.25 billion Fixed to Floating Rate Callable Non-Preferred Senior Notes on July 22, 2026. The notes were issued under UniCredit's Euro Medium Term Note program and qualify as non-preferred senior debt.
The issue being called has a fixed-to-floating structure, meaning it paid a fixed coupon initially before switching to a floating rate over a reference benchmark after the first call date. Such instruments are typically used by European banks to optimize loss-absorbing capacity in line with MREL and TLAC requirements, and early calls often signal active capital management based on current funding costs.
Capital structure and analyst expectations
Analyst data compiled by MarketScreener show an average target price of €84.90 on UniCredit shares, compared with a last close of €80.04, indicating upside potential in the current consensus view.Analyst overview on MarketScreener Among large European peers in the FTSE MIB and Eurozone banking sector, UniCredit is often cited for its capital ratios and shareholder remuneration capacity.
On Xetra, where UniCredit also trades under the ticker CRIG, the shares recently changed hands around €79.40, reflecting a small daily decline of 0.99 percent in the latest available data.Price data from Investing.com for UniCredit on Xetra The cross-listing offers additional liquidity for investors in the German market alongside the primary Milan listing.
All news and analysis on the UniCredit shares
Further background on UniCredit's capital measures, analyst estimates and price history can be found in the dedicated topic section and in the bank's investor relations materials.
How UniCredit earns its money
UniCredit generates revenue mainly through traditional retail and commercial banking in Italy, Germany, Central and Eastern Europe, combined with corporate and investment banking activities. The group provides current accounts, payment services, mortgages and consumer loans for households, alongside lending, trade finance and advisory services for corporate clients.
Where the shares trade today
The UniCredit shares (IT0000062072) most recently traded on Borsa Italiana around €80.04 and on Xetra near €79.40 on 2026-06-23, 11:00, according to exchange and price data in MarketScreener and Investing.com.
UniCredit at a glance
- Company: UniCredit S.p.A.
- ISIN: IT0000062072
- WKN: 850832
- Ticker: UCG (Borsa Italiana), CRIG (Xetra)
- Trading venue: Borsa Italiana / Xetra
- Price (as of 2026-06-23, 11:00): 80.04 EUR (Borsa Italiana), 79.40 EUR (Xetra)
- Market cap: approximately 38 billion EUR (as of 2026-06-23)
- Sector / industry: Banks - Diversified
- Index membership: FTSE MIB
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, an offer or a solicitation to buy or sell any financial instrument. Historical data and analyst estimates are not a guarantee of future performance. Investors should conduct their own research and, where appropriate, consult a licensed financial adviser.
