Investing.com - Banco Popular shares fell by up to 26% after it unveiled plans to offer discounted shares to existing shareholders. The Spanish lender will launch a €2.5 billion share sale in an effort to reduce its bad debts. Popular will offer 2 billion shares at €1.25 each compared with its closing price Wednesday of €2.35 per share. The bank built up failed real estate assets on its balance sheet after Spain's building boom went bust.