Impregilo to launch 70% discounted rights issue

Construction group puts property assets up for sale

Impregilo, the troubled Italian construction company, is set to launch a €650m ($799.8m) rights issue on Monday at a 70% discount to the current market price to repay bonds.

The firm said in a statement that it was to issue almost 325,000 new shares at €2 each.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It