All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

Popular asks banks for €2.5bn rights issue support

Banco Popular Espanol, the Spanish lender that has a €3.2bn capital shortfall, said it has support from more than a dozen investment banks as it puts together plans for a €2.5bn rights issue. However, ECM bankers said that while they have been in talks with Popular, there remains plenty of due diligence work to be done before any firm will commit to underwriting.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree