Commerzbank (CRZBY.PK) said yesterday it plans to raise €5.3B ($7.5B) through a share...

|About: Commerzbank AG ADR (CRZBY)|By:, SA News Editor

Commerzbank (CRZBY.PK) said yesterday it plans to raise €5.3B ($7.5B) through a share issue, the second this year, to pay off its government bailout. Major shareholder Allianz (AZSEY.PK) plans to exercise its full subscription rights. In European trading, Commerzbank -2.9%.