Saturday 25 May 2013
ALLIED Irish Banks (AIB) has raised €500m in a bond issue.
The so-called covered-bond was the first of its kind issued by AIB since 2007 while the bank received orders from 170 investors – 95pc of these were outside Ireland.
According to the bank, the bond was over-subscribed and orders valued at €2.3bn were made.
The bonds are not covered by the government guarantee scheme.
A HOTELIER who helped to raise millions of euro to rebuild areas of Sri Lanka devastated by a tsunami has praised his staff after three of his hotels went into receivership.
The country's third richest man said the Government's debt problems would be solved by a default or "hopefully" through controlled inflation.
Ireland will mark its full return to regular bond auctions later this year, according to National Treasury Management Agency economist Rossa White.
A HOTELIER who helped to raise millions of euro to rebuild areas of Sri Lanka devastated by a tsunami has praised his staff after three of his hotels went into receivership.
The country's third richest man said the Government's debt problems would be solved by a default or "hopefully" through controlled inflation.
Ireland will mark its full return to regular bond auctions later this year, according to National Treasury Management Agency economist Rossa White.
US rock band Stone Temple Pilots have accused former frontman Scott Weiland of misusing the group's name to further his solo career.
After spending years restoring his 900-acre estate in Tuscany, the pop star Sting pictured, is to throw open its doors – at a price – to anyone who wants to hire it for weddings or parties.
Mel Giedroyc has revealed that she once kissed Dermot O'Leary at a work party.
Phillip Schofield has admitted he is not in touch with former This Morning co-host Fern Britton any more.
AMERICAN actress Amanda Bynes appeared in court today and denied charges of possessing marijuana and tossing a bong out of the window of her 36th-floor Manhattan apartment.
Amanda Bynes was charged with reckless endangerment after police say she heaved a marijuana bong out of an apartment window in New York City.
Jaden Smith has described his famous dad Will Smith as a "walking dictionary" and says he can ask him anything.
Will Smith was reunited with two of his Fresh Prince Of Bel-Air co-stars as his eldest son Trey made his DJing debut in London.
Marion Cotillard has revealed she learned Polish for her role in new film The Immigrant.
One Direction scooped four gongs at the first ever Social Star Awards, while Justin Bieber and Selena Gomez were also recognised.
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