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Banca Popolare Said to Offer to Buy Back Floating-Rate Notes

Banca Popolare dell’Emilia Romagna Scrl (BPE) is offering to buy back a total 800 million euros of floating-rate notes, according to a banker involved in the deal.

Banca IMI and Societe Generale SA are managing the tender offer which closes April 5.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

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