Popolare and Italease move to recapitalise

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Popolare and Italease move to recapitalise

Banca Italease this week set the terms on its Eu1.2bn rights issue in a deal backed by parent Banco Popolare while Popolare, in turn, plans to issue Eu1bn of soft mandatory convertible notes. Read EuroWeek on Friday for the latest on European banking recaps.

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