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Allied Irish Banks, p.l.c. - US$ 150m Callable Floating Rate Note due 2010.


NEW YORK--(BUSINESS WIRE)--Oct. 18, 1999--

Allied Irish Banks Allied Irish Banks, p.l.c. (AIB) (Irish: Bainc-Aontas Éireann),ISEQ: ALBK, LSE: ALBK, NYSE: AIB, FWB: AIB is a commercial bank based in Ireland not to be mistaken for Anglo Irish Bank. AIB is one of the so called Big Four commercial banks in Ireland. , p.l.c. (NYSE NYSE

See: New York Stock Exchange
: AIB AIB n abbr (BRIT) (= Accident Investigation Bureau) → oficina de investigación de accidentes

AIB n abbr (Brit) (= Accident Investigation Bureau) →
;AIBPR:FMBPR) today announces that it has issued US$150 million Dated Subordinated Notes, issue date 22 October 1999. The maturity date is January 26th 2010. The coupon has been set at 3 month US$ LIBOR LIBOR

See: London Interbank Offered Rate


LIBOR

See London interbank offered rate (LIBOR).
 + 65 bp payable quarterly in arrears on 24 January, 24 April, 24 July and 24 October. The notes have been issued at a reoffer price of 99.75%.

The securities qualify as Lower Tier II Capital, and form part of AIB's on-going capital management programme. The bookrunning lead manager is Lehman Brothers.

This notice is not an offer of securities for sale in the USA, the securities may not be offered or sold in the USA, absent registration under the Securities Act of 1933 or an exemption from such registration.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 1999
Words:141
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