UniCredit Places Bulk of €7.5bn Cash Call
Saturday, January 28, 2012 8:14Italy’s largest bank by assets–UniCredit, which operations in 22 countries, has placed almost the entirety of its rights issue of €7.5bn. This has provided us with another sign of improved investor sentiment towards Italy as well as the eurozone.
As one of Europe’s largest bank, UniCredit had one of the more rocky starts to a rights issue in recent days with its shares falling more than 40% in the days after the pricing was announced this month.





