The largest shareholder of UK-listed debt lender Intermediate Capital Group has confirmed its support for a £351m (€407m) rights issue to pursue lending opportunities announced today.

The group's share price rose 7.7% this morning to £5.28 per share at 8.50 GMT after it announced it was to carry out the rights issue this morning

Largest shareholder to back ICG rights issue

Toby Lewis

Dawn Cowie

JP Morgan

HSBC

Credit Suisse

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