Anglo Irish Bank has completed a €150 million (£354 million) subordinated loan-stock transaction in the European market. The funds will be used to strengthen the bank's capital base and to expand its lending operations. International ratings agency, Moodys, recently upgraded Anglo Irish Bank's long-term capital rating to A3.
Anglo Irish Bank funds capital base
Anglo Irish Bank has completed a €150 million (£354 million) subordinated loan-stock transaction in the European market
IN THIS SECTION
Donal Ryan wins An Post Irish Novel of the Year Award for Heart, Be at Peace
Martínez holds up Juventus before Rogers denied late Aston Villa winner
Ballroom Blitz review: Adam Clayton’s celebration of Irish showbands hints at the burden of being in U2
Maeda saves point for Celtic against Club Brugge after Carter-Vickers error
Kelleher denies Mbappé from spot as Liverpool get win over Real Madrid
Business Today
Get the latest business news and commentary from our expert business team in your inbox every weekday morning