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Brief: Banca Sistema Reaches Agreement With Municipality Final Recipient Of ECHR Judgment

Nov 14 (Reuters) - Banca Sistema SpA BSTA.MI:

REACHES AGREEMENT WITH MUNICIPALITY FINAL RECIPIENT OF JUDGMENT HANDED DOWN BY EUROPEAN COURT OF HUMAN RIGHTS

AGREEMENT INCLUDES €61.7 MILLION PRINCIPAL AND €40.6 MILLION INTEREST

ADDITIONAL DEFAULT INTEREST OF €33.7 MILLION TO BE RECOGNIZED

PAYMENT TO IMPACT CET1 AND TOTAL CAPITAL RATIO BY 136BPS

Further company coverage: BSTA.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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