AIB revives Irish sub debt market despite Brexit noise

By Tyler Davies
02 Oct 2019

Allied Irish Banks was met with a strong response for an additional tier one (AT1) in the euro market on Wednesday, just a month after its national peer Bank of Ireland had to pull a subordinated bond amid fears about the impact of the UK’s departure from the EU.

There was no shortage of Brexit news flow on the day, given that UK prime minister Boris Johnson delivered a speech laying out his final plans for a withdrawal deal.

Fears that the UK may end up crashing out of the EU without a deal have had a ...

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