Sacyr falls on discounted capital increase
** Shares in Sacyr SCYR.MC drop 7% after the Spanish construction company launched a capital increase at a discount of 8.7% vs Thursday's closing price of 3.65 euros
** Sacyr closes EUR 222 mln ($240 mln) non-preemptive share capital increase at 3.33 euros per share
** CM Capital Markets sees it as negative news for the stock owed to the dilutive impact of the capital increase
** Shares on track for their worst day since mid-Sept 2022
** One of the worst performers on the Spanish blue-chip index Ibex-35 .IBEX
($1 = 0.9244 euros)
Reporting by Joanna Jonczyk-Gwizdala
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