AIB to launch €1bn debt issue

AIB is set to launch a debt issue of up to €1 billion to boost the bank's ability to fuel anticipated loan growth in 2005, according to market sources.

AIB is set to launch a debt issue of up to €1 billion to boost the bank's ability to fuel anticipated loan growth in 2005, according to market sources.

The bank will issue the non-equity offer in the next few weeks in a clear signal that it expects that this year's strong economic growth is likely to pick up pace.

Both Anglo Irish Bank, which last week reported a huge surge in lending, ...