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AIB Mortgage Bank to repurchase remaining €280 million floaters
By Toni Weeks
San Diego, June 16 - AIB Mortgage Bank plans to complete an early repurchase of its remaining €280 million of its series 17 floating-rate mortgage-covered securities due Sept. 20, 2012 (ISIN: XS0609424550) on June 17, according to a company filing with the London Stock Exchange.
Following the transaction, the outstanding balance of the securities will be zero.
The issuer is a subsidiary of Dublin-based Allied Irish Banks.
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