Perm TSB takes chunk out of MREL targets with debut deal

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Perm TSB takes chunk out of MREL targets with debut deal

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EDBK29 A Branch of Permanent TSB Bank, Roscommon, West of Ireland. | Alamy Stock Photo

Permanent TSB raised €300m with its first senior issuance for the minimum requirements for own funds and eligible liabilities (MREL) on Thursday, arriving in the market two weeks after its peer Bank of Ireland had to pull a deal because of Brexit-induced volatility.

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