Carige could pay 15% for part of tier two
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FIGFIG People and Markets

Carige could pay 15% for part of tier two

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Banca Carige’s planned tier two bond, which tides it over until it can raise equity, will present the FIG market with some unusual features. But the unfamiliar intervention from a branch of Italy’s deposit guarantee scheme appears not to have roused the European Commission’s attention with regard to state aid rules.

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