Rcs Media Group collapses in Piazza Affari, losing, around one in the afternoon, 5,80% at €0,812 per share, dangerously approaching the lows of the year reached on 5 April at 0,8005 euro. The announcement of the final data relating to the 2012 financial year, which closed with a net loss of 509,3 million (affected by new write-downs) and the decision to proceed with a capital increase, which would result decidedly dilutive of the shares of the current shareholders.
The conditions of this capital increase will be established during the next board meeting, scheduled for April 28th, after the initial gray smoke. The 575 million debt refinancing scheme counts on a recapitalization of at least 400 million immediately and a further 200 million by 2015.
