The Limited Times

Now you can see non-English news...

Mps loses 5.3% on the stock market

2022-10-06T16:20:54.195Z


Mps closes sharply in Piazza Affari (-5.3% to 22.4 euros) while these are decisive days for the capital increase, with CEO Luigi Lovaglio looking for a sufficient number of subscribers to secure support of the banks of the tender consortium ... (ANSA)


(ANSA) - MILAN, OCTOBER 06 - Mps closes sharply in PiazzaAffari (-5.3% to € 22.4) while these are decisive days for the capital increase, with CEO Luigi Lovaglio looking for a number of subscribers sufficient to secure the support of the underwriting syndicate banks.

The market's fears about the success of the increase are reflected in the prices of the 4 subordinated bonds of Mps, which recorded decreases between 4.2% and 1.7%, and are close to the minimum in September.

The valuations range between 50 and 57% of the nominal value and "discount the hypothesis of an involvement with a conversion / devaluation of about 40-45%" notes Equita.


   (HANDLE).


Source: ansa

All life articles on 2022-10-06

You may like

News/Politics 2024-03-29T06:05:51.016Z
News/Politics 2024-04-16T00:51:55.018Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.