Credito Fondiario announces today the launch of a capital strengthening programme involving both international and Italian institutional investors. The capital increase will be phased in tranches in the form of cash capital increases and through the acquisition of new assets.

Credito Fondiario has now signed an agreement with a leading US institutional investor for the subscription of a first tranche of €100 million. The capital increase includes an initial amount of €60 million, conditional upon regulatory approval, and a further €40 mln to be raised once investments are implemented, as per Credito Fondiario’s business plan.

Comunicato Stampa