April 6, 2018 / 10:11 AM / 6 months ago

BRIEF-Intesa Sanpaolo renounces govt guarantee on bonds issued by Veneto banks

April 6 (Reuters) - Intesa Sanpaolo says:

* RENOUNCES GOVERNMENT GUARANTEE ON BONDS ISSUED BY POPOLARE DI VICENZA, VENETO BANCA

* RENUNCIATION OF GUARANTEE IS VALID EXCLUSIVELY FOR BONDS HELD BY THE BANK EQUAL TO AROUND 9.3 BILLION EUROS, WILL NOT AFFECT OUTSTANDING BONDS

* RENUNCIATION OF THE GUARANTEE ELIMINATES RISK FOR STATE EQUAL TO AROUND 9.3 BILLION EUROS Further company coverage: (Reporting by Milan newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below