First Irish sub senior receives blow-out demand

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Senior Debt

First Irish sub senior receives blow-out demand

Jasper Cox
March 22, 2018 01:00 pm
AIB2_PA_230x150
A branch of AIB bank in Baggot Street in Dublin. The Irish government will take majority ownership of Allied Irish Banks Plc in it's second bailout of the lender Finance Minister Brian Lenihan said today. | Niall Carson/PA Archive/PA Images

Allied Irish Banks (AIB) built a book that was more than three times subscribed for its holding company-level senior bond on Thursday, the first such issue compliant with bail-in rules from an Irish bank.

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