Bank of Ireland to redeem €1.3 billion preference shares on January 4

The bank said the redemption would mark a "significant milestone" for the company

The bank said the redemption marked a "significant milestone" for the group
The bank said the redemption marked a "significant milestone" for the group

Bank of Ireland has said it will redeem the remaining €1.3 billion of preference shares issued to the state as part of the bailout of the bank on January 4, 2016.

The 10.25 per cent 2009 preference shares were originally issued to the state on ...