IL&P raises €1.25bn in new bond issue

Irish Life & Permanent has confirmed today that it has raised a further €1.25bn in funding through the issue of a new public fixed-rate bond.

IL&P raises €1.25bn in new bond issue
Thu, 15 Apr, 2010 - 20:47

Irish Life & Permanent has confirmed today that it has raised a further €1.25bn in funding through the issue of a new public fixed-rate bond.

The bond was issued for a term of three years and was priced at a margin of 135 bps over mid swap rates.

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