IL&P raises €2bn in new five-year bond

Irish Life & Permanent has confirmed that it has raised €2bn through the issue of a new public fixed rate bond.

IL&P raises €2bn in new five-year bond
Wed, 03 Mar, 2010 - 18:01

Irish Life & Permanent has confirmed that it has raised €2bn through the issue of a new public fixed rate bond.

The bond was issued for a term of five years and was priced at a margin of 160 bps over mid swap rates, the company said in a statement.

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