Paschi Plans to Raise Up to $5.6 Billion and Sell Bad LoansBy , , and
Underwriters’ agreement is conditional on sale of bad debts
Atlante to buy mezzanine tranche in bad loan securitization
Banca Monte dei Paschi di Siena SpA will tap investors for the third time in two years by selling up to 5 billion euros ($5.6 billion) of stock to replenish capital following the planned disposal of its entire bad-loan portfolio.
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