| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Allied Irish Banks, plc > News item |
Allied Irish redeems fixed-to-floating notes, some 11½%, 12½% notes
By Melissa Kory
Cleveland, Feb. 10 - Allied Irish Banks plc announced that it repurchased its ¥20 billion of subordinated step-up fixed-to-floating-rate notes due March 12, 2042 on Jan. 27.
Allied Irish also purchased £10 million of its 11½% subordinated notes due March 29, 2022 and €21,843,000 of its 12½% subordinated notes due June 25, 2019 on Feb. 4.
Following the repurchases, £385,344,000 of the 11½% notes and €628,448,000 of the 12½% notes remain outstanding.
Based in Dublin, Allied Irish Banks is involved in retail and corporate banking, investment banking and the provision of asset management services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.