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BRIEF-Carige CEO says looking at Tier 1, Tier 2 bonds for possible conversion
February 28, 2017 / 5:56 PM / 7 months ago

BRIEF-Carige CEO says looking at Tier 1, Tier 2 bonds for possible conversion

Feb 28 (Reuters) - Banca Carige CEO says:

* Looking at both Tier 1 and Tier 2 bonds for possible conversion

* To start contacts with bondholders soon and is confident they may be interested

* Vehicle for bad loan spin-off will be funded through dedicated interbank loan and may securitise part of the portfolio to raise money Further company coverage: (Reporting by Milan Newsroom)

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