UniCredit takes cautious route towards Eu4bn rights issue
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UniCredit takes cautious route towards Eu4bn rights issue

UniCredit is treading carefully in its Eu4bn rights issue, this week offering shares at the deeper end of the expected range. The bank is offering the shares at Eu1.59, a 29% discount to Wednesday’s closing price. Market participants had expected a discount of between 25% and 30%.

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