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Published on 1/17/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

AIB Mortgage Bank to buy back €200 million of its series 11 floaters

By Ashley Montgomery

Kansas City, Kan., Jan. 17 - AIB Mortgage Bank plans to repurchase €200 million of its series 11 floating-rate mortgage-covered securities due Feb. 5, 2018, according to an announcement.

Following the transaction, effective Jan. 19, €850 million of the notes will remain outstanding.

AIB Mortgage Bank is a subsidiary of Dublin-based Allied Irish Banks, plc.


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