UPDATE 2-Banks agree Fiat cap hike on eve of rescue plan

Newswire

(releads adding UniCredito agreement, adds background) By Gianni Montani and Paola Arosio TURIN/MILAN, June 25 (Reuters) - Two of Fiat's main creditor banks have agreed to help underwrite a 1.8 billion-euro capital increase, part of a latest rescue plan the industrial group is due to announce on Thursday, financial sources said. Sanpaolo IMI and UniCredito agreed to back the plan to raise much-needed cash by selling new shares, the sources told Reuters on Wednesday, hours before Fiat's ...

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