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8 months ago
Qatar sovereign wealth fund still mulling Monte dei Paschi investment-source
December 15, 2016 / 8:50 PM / 8 months ago

Qatar sovereign wealth fund still mulling Monte dei Paschi investment-source

MILAN, Dec 15 (Reuters) - Qatar's sovereign wealth fund is still mulling whether to invest in Monte dei Paschi di Siena's 5-billion euros capital raise, a source close to the matter said.

Qatar Investment Authority could put 1 billion euros in the cash call, sources have said. But it has not made a decision yet, the source said.

"Qatar is still at the window," the source added.

The source also said that Mediobanca, JPMorgan , Credit Suisse and HSBC had arranged a 4.7 billion euro bridge loan for the Tuscan bank's planned bad loan sale. (Reporting by Paola Arosio, writing by Silvia Aloisi)

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