Bank of Ireland lands tier two at second attempt

By David Freitas
07 Oct 2019

Bank of Ireland was more than three times subscribed for a €300m tier two bond this week, nailing its second attempt at the deal after returning to the market with a wider spread for investors.

The Irish lender marketed the €300m 10 year non-call five tier two on Monday morning.

It was the bank's second effort at pricing the deal in just over a month, having pulled its initial attempt on September 5 amid a bout of Brexit-related volatility.

It chose the same bookrunner ...

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