Banca Monte dei Paschi di Siena has completed an accelerated bookbuilding of 15% of its share capital

November 2024 — Banca Monte dei Paschi di Siena has successfully completed an accelerated bookbuilding of 15% of its share capital, sold by the Ministry of Economy and Finance with a total deal value of US$1.153 million.

Founded in 1472, Banca Monte dei Paschi di Siena is the world’s oldest bank still in operation. Today, it leads one of Italy’s major banking groups, holding significant market shares across all areas in which it operates. The Montepaschi Group is active in Italy and major international financial markets, with a focus on traditional retail and commercial banking services for households and small and medium-sized enterprises. The group operates in key business areas, including leasing, factoring, corporate finance and investment banking. Combining traditional banking services through a network of branches and specialized centers, the group also offers innovative self-service and digital solutions, further supported by a network of financial advisors through Widiba Bank.

Our role in the transaction

Oaklins Italy’s parent company, Banca Akros, acted as the sole global coordinator in this transaction.