25th Oct 2007 13:29
Bank of Ireland(Governor&Co)25 October 2007 25 October 2007 Bank of Ireland has announced today that it has successfully completed a €400million embedded value securities issue, which references the emergence of valuein force from its life assurance subsidiary New Ireland Assurance plc. The transaction was completed through Avondale Securities SA. It is expected that the transaction, subject to confirmation by the FinancialRegulator, will result in the enhancement of the Bank's Core Tier 1 capital dueto the reclassification of certain capital reserves from Tier 2 capital. Enquiries: Lewis Love, Head of Asset & Liability Management 003531 - 6043418 Brian Kealy, Head of Capital Management 003531 - 6043537 Geraldine Deighan, Head of Investor Relations 003531 - 6043501 Dan Loughrey, Head of Group Corporate Communications 003531 - 6043833 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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