March 10, 2017 / 3:25 PM / 5 months ago

BRIEF-Toscafund trims stake in Italy's Carige ahead of bank's planned cash call

March 10 (Reuters) - Banca Carige:

* Toscafund Asset Management held 4.53 percent of the Genoa-based bank as of March 3, down from 5.12 percent as of Feb. 18 - regulatory filing

* Carige said on Feb. 28 it plans to raise up to 450 million euros ($478 million) in a share issue as it strives to offload bad debts. Further company coverage: ($1 = 0.9411 euros) (Reporting by Milan Newsroom)

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