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 (11:41)

- Co. unreactive, trading sharply higher at EUR 1.085, up 7.43%.

27 Nov 2012 - 11:37 - Equities - Source: Newswires

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