News Headline Summary
Bankia (BKIA SM) sub-debt with fixed maturities to take losses of between 10-20% of face value, according to sources
- Preference shares and sub-debt holders to receive shares in deal, according to sources.
Reaction details (10:41)
- Co. unreactive, trading sharply higher at EUR 1.085, up 7.43%.
27 Nov 2012 - 10:37
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts