Camfin rallies after convertible bond launch

Published Fri, Oct 12 2012 3:27 AM EDTUpdated Fri, Sep 13 2013 4:33 PM EDT

MILAN, Oct 12 (Reuters) - Shares in Camfin , theparent company of tyremaker Pirelli , extended gains torise nearly 5 percent in Milan in early trade on Friday.

Camfin said on Friday it launched a fixed-rate 150 millioneuro ($194.14 million) bond convertible into 5.85 percent ofPirelli shares.

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