UniCredit sets ‘compelling’ terms on rights issue
UniCredit revealed the terms for its €7.5bn rights issue on Wednesday morning, setting the discount towards the conservative end of expectations and providing soothing words, if not commitments, about backing from key shareholders. The shares slumped but bankers remained confident and reported reverse enquiry for sub-underwriting.<br>
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: