Banks on Europe’s Edge Need to Refi $122B of Bonds This Year ; Report
August 02, 2010 at 14:45 PM EDT
Banks in Europe’s most indebted nations need to refinance $122 billion of bonds this year, likely paying high interest costs even after receiving a clean bill of health from regulators. Italy’s Intesa Sanpaolo SpA has the most debt coming due at $28 billion, followed by UniCredit SpA with $21 billion, according to data compiled by [...]