December 2, 2016 / 6:31 PM / 8 months ago

Monte dei Paschi says provisional take-up of debt swap offer tops 1 bln euros

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MILAN, Dec 2 (Reuters) - Ailing Italian bank Monte dei Paschi di Siena said on Friday provisional data showed the take-up of a debt swap offer that is a crucial plank of its rescue plan exceeded 1 billion euros ($1.07 billion).

The bank said in a statement it would communicate the final results of the debt-to-equity swap by Dec. 5. ($1 = 0.9370 euros) (Reporting by Silvia Aloisi)

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