February 28, 2014 / 7:47 AM / 3 years ago

Spain's Bankia shares placed at 1.51 eur/share

MADRID, Feb 28 (Reuters) - Investment bank UBS on Friday said it had placed shares comprising 7.5 percent of Spain's nationalised lender Bankia at a price of 1.51 euros ($2.07) each.

That implies a discount of around 4 percent to Thursday's closing price of 1.58 euros per share. ($1 = 0.7309 euros) (Reporting by Julien Toyer; Editing by Sonya Dowsett)

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