AIB clears path for euro reopening with debut green bond

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AIB clears path for euro reopening with debut green bond

Tyler Davies
September 23, 2020 01:00 PM
AIB_Group_PA_575x375_230920
An Allied Irish Banks (AIB) cash point in Ballsbridge, Dublin, as the bank announced it expects to axe more than 2,000 jobs by the end of next year. PRESS ASSOCIATION Photo. Picture date: Tuesday April 12, 2011. The group recorded a 10.4 billion euro (£9.2 billion) loss last year and claimed business and market conditions remained difficult. It said costs needed to be lowered, with staff to go on a phased basis during 2011 and 2012. See PA story IRISH AIB. Photo credit should read: Julien Behal/PA Wire | Julien Behal/PA

AIB Group's new euro tier two capital issue, its first green bond, was comfortably subscribed on Wednesday, lifting confidence in the bank debt market after a difficult start to the week.

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IrelandGreen and Social BondsJP MorganUKEMEAINGBank CapitalEuropeRegulatory CapitalHSBCSRIFIG
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Tyler Davies
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