PTSB raises €1.15bn in funds

Irish Life & Permanent raised unguaranteed funding totalling €1.15bn in two separate transactions in the market today.

PTSB raises €1.15bn in funds
Wed, 02 Nov, 2011 - 15:19

Irish Life & Permanent raised unguaranteed funding totalling €1.15bn in two separate transactions in the market today.

The principal element of the funding is a bilateral transaction with an international investment bank for €1bn which is secured on the bank’s UK mortgage book.

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