Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Tags: Italy
Suntech to Sell Off Italian Assets and Shareholdings
Suntech, in a bid to trim its debt, it would be selling off its Italian assets and shareholdings. A company spokesman said that Suntech Power Holdings Co.
BTP Italia Retail Bond Sale a Success
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
RCS MedigGroup offers recovery plan
The Italian publisher RCS MediaGroup has agreed to a recovery plan. The RCS MediaGroup Board of Directors have approved the terms of a capitalization round and a debt refinancing plan required for its rehabilitation.
Wind Uses Sirti and Huawei in New Project
Wind of Italy is investing on a 4G network powered by Sirti and Huawei. Wind, the Italian mobile phone operator, is now investing US$1. 3 billion to build a fourth generation mobile broadband network to become more competitive against rivals Vodafone and Telecom Italia.
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Italian bank UniCredit to sell off Kazakh bank ATF. Italy's largest bank by assets, UniCredit is on the verge of announcing the sale of ATF Bank. ATF Bank is its Kazakhstan unit and the sale was confirmed by three sources who spoke on condition of anonymity.
European Medgold acquired the Grasceta gold exploration licence, located in southern Tuscany Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, announced today that it acquired the Grasceta gold exploration licence, located in southern Tuscany, Italy.
