LONDON, June 15 Mid-sized Spanish lender Unicaja
is moving ahead with a long-mooted stock market listing and
could raise as much as 875 million euros ($975.89 million) from
the sale of 40.4 percent of its capital, two sources with
knowledge of the deal said.
Unicaja, with a strong presence in the southern Spanish
region of Andalusia, plans to issue 625 million new shares at
between 1.1 euros and 1.4 euros per share, the sources said on
The rescue of Spanish peer Banco Popular last week had cast
doubt over Unicaja's plans to list on the market.
Unicaja declined to comment. ($1 = 0.8966 euros)
(Reporting by Andrés González and Pamela Barbaglia; writing by
Jesús Aguado, editing by Sarah White)