Monday May 25, 2020

AIB to announce details of unsecured bond tomorrow

AIB is set to announce details of a new unsecured bond issue tomorrow morning, the Daily Business Post has learned.

19th November, 2013
Market speculation is that AIB will seek to raise around €500 million from investors.

AIB is set to announce details of a new unsecured bond issue tomorrow morning. The fundraising is expected to be achieved through the issue of a 3 year bond.

The move will be AIB's first unsecured fundraising - it already raised two secured bonds earlier this year and also refinanced a tranche of credit card debt.

Market speculation is that AIB will seek to raise around €500 million from investors through the issue. Bank of Ireland...

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