Bankia SA (BKIA.MC)
15 Dec 2017
* CLOSE PLACEMENT OF 7.0 PCT OF BANKIA AT 4.06 EUROS PER SHARE, FOR 818.3 MILLION EUROS IN TOTAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* BLOCK TRADE-BANKIA: BOOKRUNNER SAYS BOOKS WILL BE OPEN FOR 10 MINS; ORDERS BELOW EUR 4.06 RISK MISSING Further company coverage:
BRIEF-Bookrunner Says Price Guidance of 4.05 To 4.09 Euros Per Share in Bankia SA accelerated bookbuilt offering
* BLOCK TRADE- BANKIA SA: BOOKRUNNER SAYS PRICE GUIDANCE: EUR 4.05 TO 4.09 PER SHARE; BOOKS ARE COVERED WITHIN THE RANGE
MADRID, Dec 11 Spain's bank bailout fund plans to offload about 7 percent of Bankia for some 840 million euros ($991 million) in a rapid sale, the investment banks involved said on Monday.
* TO PLACE 7.0 PCT OF BANKIA IN ACCELERATED BOOKBUILT OFFER ON BEHALF OF BFA TENEDORA DE ACCIONES SA Source text for Eikon: Further company coverage: (Gdynia Newsroom)
MADRID, Dec 11 Spain's bank bailout fund plans to sell about 7 percent of state-owned lender Bankia and has hired UBS, Deutsche Bank and Morgan Stanley to manage the sale, a source with knowledge of the situation told Reuters on Monday.
MADRID, Nov 28 State-owned lender Bankia's plans to cut staff are at an advanced stage following the lender's merger with smaller Banco Mare Nostrum (BMN), its chairman Jose Ignacio Goirigolzarri said on Tuesday.
* Says BMN may make slightly more than originally forecast 200 million euros ($232 million) in pre-provision profit in 2017
* Says the bank expects to announce a new strategic plan by next January or February
* Spanish state owns around 67 pct of bank (includes shares reaction and details on bad loans)