Monte places €7bn of bonds in drive to improve liquidity

Tyler Davies

January 26, 2017 11:00 am

Monte_dei_Paschi_AP_230x150 — A view of a window of a Monte Dei Paschi di Siena bank in Milan, Italy, Wednesday, May 9, 2012. Italian bank Monte dei Paschi di Siena have tumbled Shares of the Italian bank Monte dei Paschi di Siena have tumbled after financial police searched its offices in connection with a market rigging probe in the 2007 acquisition of Banca Antonveneta SpA. (AP Photo/Luca Bruno) | Luca Bruno/AP

Banca Monte dei Paschi di Siena issued €7bn of state-guaranteed bonds this week, as the ailing Italian lender looked to sure up its funding position ahead of an expected “precautionary recapitalisation”.

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Topics

Italy Bank Capital Senior Debt Monte dei Paschi Europe EMEA FIG

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Tyler Davies