February 2021 Upcoming Payment Dates
The Acupay team would like to remind you about this upcoming Payment Date, which also happens to be the MaturityDate:
Issuer: Intesa Sanpaolo S.p.A.
CUSIP: 46115HAD9
Payment Date: February 24, 2021
If one of your DTC Account Numbers currently holds a position in the above CUSIP, or will eventually hold a position, you will need to make sure that your CA Web Instruction(s) is in alignment with your Acupay submission(s) by 8 PM ET, on the business day prior to the Payment Date (PD-1), February 23, 2021.
Since each Italian CUSIP will be paying based on PD-1 settlement, if there are any changes between PD-2’s and PD-1’s settlement dates, the adjustment(s) will have to be made no later than 9:45 AM ET on the Payment Date, on both the Acupay System and at DTC (manualCA Web Instruction adjustment request via email). If the CA Web Instruction(s) and Acupay submission(s) aren’t in alignment at that time, the entire position will be withheld at the unfavorable rate of 26%. Therefore, please make sure that someone is in the office/logged in to make any adjustments that may need to be done.
If there are any discrepancies, or you need additional time to certify new positions, Acupay will try to accommodate you. However, starting on March 1, Acupay will enforce a strict deadline of 9:45 AM ET, with no exceptions. Therefore, please plan ahead/accordingly.