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BRIEF-Moody's sees "material execution risk" in Creval's planned share issue
November 17, 2017 / 5:39 PM / a month ago

BRIEF-Moody's sees "material execution risk" in Creval's planned share issue

Nov 17 (Reuters) - Banca Piccolo Credito Valtellinese (Creval):

* Moody’s says sees material execution risk in Creval’s new share issue

* Moody’s says it understands Mediobanca’s pre-underwriting commitment is subject to market conditions but also specific provisions

* Moody’s says specific provisions include market environment, investor feedback and any events such as significant regulatory changes

* Moody’s says Creval has satisfactory liquidity position Further company coverage: (Reporting by Milan newsroom)

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