Unipol Gruppo SpA (UNPI.MI)
23 May 2018
Mon, Apr 23 2018
SAN LAZZERO DI SAVENA, Bologna, April 23 Italian insurer Unipol, which owns nearly 10 percent of BPER Banca , would support a new share issue at the Italian bank if it used the cash for a radical bad loan clean-up, Unipol CEO Carlo Cimbri said.
April 23 Unipol Group Chief Executive Carlo Cimbri says:
SAN LAZZARO DI SAVENA, Italy Italy's Unipol Group has no plans to shorten the chain of command of the country's second-biggest insurer, its Chief Executive said on Monday.
SAN LAZZARO DI SAVENA, Italy April 23 Italy's Unipol Group has no plans to shorten the chain of command of the country's second-biggest insurer, its Chief Executive said on Monday.
* BANKING BUSINESS IS "POTENTIALLY" MERGEABLE - CONF CALL Further company coverage: (Gdynia Newsroom)
* FY PRELIM NET PREMIUMS EUR 11.26 BILLION VERSUS EUR 13.79 BILLION YEAR AGO
(The following statement was released by the rating agency) LONDON, November 29 (Fitch) Fitch Ratings has assigned Unipol Gruppo EUR500 million senior unsecured bond a 'BB+' rating. The bond has a 10-year maturity and carries a coupon of 3.5%. KEY RATING DRIVERS The senior bond is rated one notch below Unipol's Long-Term Issuer Default Rating (IDR) of 'BBB-', which has a Stable Outlook, to reflect below-average recovery expectation, in line with Fitch's notching criteria. The bond constitutes a