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2 years ago
Spain's Sabadell considers 1.5 bln euros share issue -source
March 12, 2015 / 5:41 PM / 2 years ago

Spain's Sabadell considers 1.5 bln euros share issue -source

MADRID, March 12 (Reuters) - Spain's Sabadell is considering a 1.5 billion euros ($1.6 billion) capital hike via a share issue to fund a possible bid for British bank TSB , a banking source with knowledge of the matter said on Thursday.

Sabadell declined to comment. ($1 = 0.9435 euros) (Reporting By Jesus Aguado, Writing by Sonya Dowsett; Editing by Sarah White)

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