Tuesday September 22, 2020

AIB IPO: Orders below €4.40 risk missing out

Government set to net at least €3 billion from the sale of 25 per cent stake

22nd June, 2017

Orders below €4.40 in an initial public offering for AIB risk missing out, the bank said in a statement today.

The warning came a day after the bank further revised the price guidance for its stock market listing to between €4.30 to €4.50 - with order books covered throughout the range.

The price range first narrowed to €4.20 to €4.60 earlier this week when order books were covered in the upper half.

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