Edition:
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Bankia SA (BKIA.MC)

BKIA.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Spain's Bankia to issue 750 mln euros in contingent convertible bonds
Friday, 30 Jun 2017 12:34pm EDT 

June 30 (Reuters) - Spain's Bankia ::Says it will issue 750 million euros ($855.60 million) in contingent convertible bonds to strengthen the bank's solvency.  Full Article

Bankia to carry out CoCo issue
Friday, 30 Jun 2017 11:46am EDT 

June 30 (Reuters) - BANKIA SA ::TO CARRY OUT AN ISSUE OF PREFERRED SECURITIES CONTINGENTLY CONVERTIBLE INTO NEWLY ISSUED ORDINARY SHARES.SAYS ISSUANCE WITH EXCLUSION OF PRE-EMPTIVE SUBSCRIPTION RIGHTS FOR SHAREHOLDERS, TARGETED ONLY AT PROFESSIONAL INVESTORS.  Full Article

Bankia sells 100 mln euro NPL portfolio
Wednesday, 28 Jun 2017 05:55am EDT 

June 28 (Reuters) - BANKIA SA ::SAYS SELLS PORTFOLIO OF NON-PERFORMING LOANS (NPL) WITH NO MORTGAGE GUARANTEE WORTH 100 MILLION EUROS TO EOS SPAIN .SAYS OPERATION REDUCES NPL BALANCE BY 79 MILLION EUROS.  Full Article

Spain may sell further stakes in Bankia this year
Tuesday, 27 Jun 2017 07:08am EDT 

June 27 (Reuters) - Chairman of Spain's Bankia , Jose Ignacio Goirigolzarri::Says Spanish state could sell further stakes in Bankia this year, though said the decision is up to government.Says it is too early to talk about staff and branch reduction regarding the merger between Bankia and BMN .  Full Article

New entity from Bankia-BMN merger to announce strategic plan in 2018
Tuesday, 27 Jun 2017 07:06am EDT 

June 27 (Reuters) - Chairman of Spain's Bankia , Jose Ignacio Goirigolzarri::Says expects the new entity resulting from the merger between Bankia and BMN to announce new strategic plan in 2018.  Full Article

Spain's Bankia to focus on BMN merger, not viewing other M&A for now
Tuesday, 27 Jun 2017 05:08am EDT 

June 27 (Reuters) - Spain's Bankia CEO Jose Sevilla: :Says Bankia is focused on integration with BMN and is not considering any other acquisitions.Says integration with BMN will not change Bankia's dividend policy of reaching a pay-out ratio of 40 percent.Says that Bankia's dividend pay-out ratio could even rise above 40 percent in the medium term.  Full Article

Bankia to execute reverse share split with 4:1 ratio
Tuesday, 16 May 2017 12:45pm EDT 

May 16 (Reuters) - BANKIA SA ::SAYS BOARD AGREED TO EXECUTE REVERSE SHARE SPLIT, INCREASING PAR VALUE OF SHARES FROM 0.25 EUR TO 1.00 EUR, EFFECTIVE AS OF JUNE 5.  Full Article

Bankia to sell 540 industrial and commercial premises at discount of up to 40 pct
Tuesday, 18 Apr 2017 05:07am EDT 

April 18 (Reuters) - Bankia SA ::Says to sell 540 industrial and commercial premises at discount of up to 40 percent.  Full Article

Bankia sells portfolio of non-performing loans of 103 mln euros
Thursday, 30 Mar 2017 08:10am EDT 

Bankia SA : Says sells portfolio of non-performing loans of 103 million euros ($110.6 million) . Says transaction enables to reduce balance of non-performing loans by 77.2 million euros Further company coverage: [BKIA.MC] ($1 = 0.9315 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Bankia sets up committee of independent directors, names advisors for merger with BMN
Friday, 24 Mar 2017 12:58pm EDT 

Bankia SA : Creates a committee of independent directors to supervise the merger with BMN .Appoints Ernst&Young, Garrigues, Accenture, Morgan Stanley and Rothschild as advisors to evaluate the merger with BME.  Full Article

UPDATE 2-Bankia pushes hard on first Spanish AT1 since Popular

LONDON, July 6 (IFR) - Bankia is set to price its inaugural Additional Tier 1 bond through fair value, proving the market is wide open for Spanish lenders despite sub debt investors at Banco Popular being wiped out only last month.