March 28, 2017 / 3:12 PM / 5 months ago

BRIEF-Italy's Carige aims to launch cash call over the summer

March 28 (Reuters) - Banca Carige CEO Guido Bastianini says:

* Aims to hold board meeting in late April or early May to set date of shareholder meeting called to approve 450 million euro share issue

* Aims to launch share issue over the summer

* Possible debt-to-equity swap would target up to around 500 million euros in junior debt and 160 million euros in perpetual bonds Further company coverage: (Reporting by Milan Newsroom)

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