Wednesday January 29, 2020

IBRC junior bondholders enjoy extra bonus with interest payments

23rd December, 2018

Irish Bank Resolution Corporation (IBRC) junior bondholders will receive up to €40 million in interest on top of the €270 million face value of the bonds. This will bring their total windfall to over €300 million, yielding handsome returns for some investors.

Among the winners who acquired the bonds at significant discounts to their face values are at least two multibillion-euro international funds, Anchorage Capital and Elliott Management. Between six and eight Dublin-based stockbrokers also...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

What’s coming up today and what you might have missed

Hannah O’Brien | 1 month ago

What’s coming up today and what you might have missed.

Hannah O’Brien | 1 month ago