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Bankia Plans $5.71B IPO
Bankia is seeking to raise as much as $5.71 billion in an initial public offering.
Bankiais seeking to raise as much as $5.71 billion in an initial public offering (IPO),The Wall Street Journalreports. The Spanish lender will register its offering with the market regulator by next week.
Shares in the IPO will be sold by investment banks,Bank of America Merrill Lynch,摩根大通(JP Morgan Chase),UBSandDeutsche Bank, whileLazardwill be the financial advisor of the bank. Bankia is looking to start the IPO in July this year.
Click here for the story fromThe Wall Street Journal.
Click here for additional coverage fromReuters.