MILAN, Feb 8 (Reuters) - Italian bank UniCredit said adviser Mediobanca had secured the backing of institutional investors for a 500 million euro shortfall in capital raising plans left when its biggest shareholder, Cariverona, pulled out.
In a statement on Sunday, UniCredit said 'Mediobanca has fully confirmed the commitments taken in relation to the capital increase of up to 3.0 billion euros.'
In a separate statement, Mediobanca said it had received commitments on Feb. 8 from institutional investors to subscribe to the capital increase measures.
(Reporting by Jo Winterbottom) Keywords: UNICREDIT/STATEMENT (jo.winterbottom@thomsonreuters.com; +39 02 66129 442; Reuters messaging: jo.winterbottom.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
In a statement on Sunday, UniCredit said 'Mediobanca has fully confirmed the commitments taken in relation to the capital increase of up to 3.0 billion euros.'
In a separate statement, Mediobanca said it had received commitments on Feb. 8 from institutional investors to subscribe to the capital increase measures.
(Reporting by Jo Winterbottom) Keywords: UNICREDIT/STATEMENT (jo.winterbottom@thomsonreuters.com; +39 02 66129 442; Reuters messaging: jo.winterbottom.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.