Intesa Sanpaolo strengthens its role as an international hub thanks to the IMI Corporate & Investment Banking Division driven by Mauro Micillo, true financial hinge between Europe and the United StatesIn 2025, the group's investment bank escorted major global issuers to the Yankee bond market for over 23 billion dollars, while in the opposite direction it accompanied the American giants in euro issues – the Reverse Yankee – for around 10 billion.
Un total flow exceeding 30 billion dollars and which certifies the solidity of the cross-market model built by Imi Cib.
Micillo: "Imic CIB is a financial bridge between Europe and the United States."
“The operations carried out during the year demonstrate IMI CIB's ability to encourage dialogue and access to capital markets for businesses and investors on both sides of the Atlantic,” he commented. Mauro Micillo, Chief of the IMI Corporate & Investment Banking Division of Intesa Sanpaolo.
"The Division confirms its role as a strategic partner for companies and financial institutions seeking to diversify their funding sources and access international markets. Our strength lies in our ability to provide specialized expertise to both international issuers in dollar-denominated bonds and US issuers in euro-denominated bonds, thus strengthening the financial bridge with the United States."
Yankee Bonds: From Energy to Sovereignty, the Bank Pushes Large-Cap Issues
In the American market, Intesa has signed some of the most significant transactions of the year. At the forefront is theEnel's $4,5 billion multi-tranche bond issuethen that of ADQ – Abu Dhabi Developmental Holding Company – with a dual-tranche placement of 2 billion, and Cassa Depositi e Prestiti, which brought to market a five-year issue of $1,5 billion.
And then Eni with a 10-year, $1 billion contract and the State of Qatar with a massive placement of 4 billion on two maturities, 3 and 10 years. To complete the picture, the multi-tranche operation of Stellantis from 2,25 billion.
Reverse Yankees: America's Big Teams Return to Europe
While Intesa Sanpaolo brings global issuers to the United States, on the other hand helps American giants to head towards the European market. In 2025, the bank has followed by General Motors in a 6,5-year placement of €850 million, Ford in a 5,5-year issue of 750 million, and AT&T in its maxi multi-tranche of 2,75 billion euros over three durations (5, 8 and 12 years).
Among the latest operations also Wells Fargo with a dual-tranche issue of 2,75 billion euros.
These operations confirm the Imi Cib's ability to connect capital and businesses on a global scale, strengthening the Intesa Sanpaolo's role as a key interlocutor between the United States, Europe and the Middle East.
