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:

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

Print 10:37, 27 Nov 2012 - European Equities - Source: Newswires