IL&P raises €470m in Asia

Irish Life & Permanent has raised $600m (€470.5m) in a fundraising exercise in an Asian-targeted issue.

Thu, 12 May, 2005 - 09:31

Irish Life & Permanent has raised $600m (€470.5m) in a fundraising exercise in an Asian-targeted issue.

The transaction, which was undertaken by Irish Life & Permanent Group Treasury and jointly managed by HSBC Bank plc and Nomura Bank International plc, is a five-year transaction which will mature in 2010.

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