UniCredit gets cracking with €13bn recap
![UniCredit_Branch_AP_230x150](https://assets.euromoneydigital.com/dims4/default/3309e40/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F4a%2F38%2F411f2ca21e2280d9997423238f27%2Funicredit-branch-ap-230x15.jpg)
Shares in UniCredit, Italy’s largest bank, closed 1.7% lower on Thursday after it unveiled the terms for its fully underwritten €13bn recapitalisation late on Wednesday.
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