AIB Group Euro-MTN Issues of Subordinated Debt.DUBLIN, Ireland--(BUSINESS WIRE)--Oct. 31, 1996--Allied Irish Banks, p.l.c., (AIB AIB n abbr (BRIT) (= Accident Investigation Bureau) → oficina de investigación de accidentes AIB n abbr (Brit) (= Accident Investigation Bureau) → ) [NYSE NYSE See: New York Stock Exchange : AIB;AIBPR;FMBPR] is pleased to announce that it has concluded the following Subordinated Debt Subordinated Debt A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan". Issues through its Euro-Medium Term Note Euro-medium term note (Euro-MTN) A nonunderwritten Euronote issued directly to the market. Euro-MTNs are offered continuously rather than all at once as a bond issue is. Most Euro-MTN maturities are under five years. Programme: -0-
EMTN Series No: 20
Tranche 2
Amount STG 10 million
Price 101.64%
Maturity October 2007
Coupon Until October 2002: 8.0%
From October 2002, Five Year British Govt Bond
Yield plus 102 basis points
Call Option October 2002
EMTN Series No: 20
Tranche 3
Amount STG 5 million
Price 100.82%
Maturity October 2007
Coupon Until October 2002: 8.0%
From October 2002, Five Year British Govt Bond
Yield plus 102 basis points
Call Option October 2002
EMTN Series No: 21
Tranche 2
Amount IEP 22 million
Price 101.86%
Maturity October 2007
Coupon Until October 2002: 7.25%
From October 2002, Five Year Irish Govt Bond
Yield plus 110 basis points
Call Option October 2002
These notes will rank as lower Tier 2 capital.
CONTACT: Declan Mc Sweeney Sweeney in poems by T. S. Eliot, symbolizes the sensual, brutal, and materialistic 20th-century man. [Br. Poetry, Benét, 978] See : Virility Group Controller Bankcentre, Ballsbridge 353-1-660 0311 Ext 14191 or Duncan Farquhar Chief Dealer Group Treasury, IFSC IFSC Irish Financial Services Centre IFSC International Federation of Surgical Colleges (Switzerland) IFSC Indian Financial System Code IFSC International Fuzzy Systems Conference IFSC Information Field Size Integrated Circuit Card 353-1-874 0222 Ext 17817 or Clyde Walton C. Walton & Co. 212/661-1620 |
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