PTSB shares to be priced near higher end of indicated range

l Bank expected to raise €525 million from issue of shares and new debt securities

Permanent TSB’s shares are likely to be priced at close to the upper end of the range indicated by the bank last week, The Sunday Business Post has learned.

It is understood that international investors are keen to be involved in the bank’s capital raising, which will see it net about €525 million in total through the issue of shares and new debt securities.

According to market sources, the bank is seeing strong ...