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Bank of Ireland to raise funds

Authors :
Kowsmann, Patricia
Fottrell, Quentin
Source :
Wall Street Journal. Europe. April 27, 2010, A27
Publication Year :
2010

Abstract

To fulfill governmental capital requirements, Bank of Ireland PLC will raise 3.42 billion euro through a rights issue and the private sale of stock to institutional investors. The bank expects its Tier 1 capital ratio to increase from 5.3% to 8%.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.225005287