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AIB Mortgage to buy back €250 million series 11 floaters due 2018
By Toni Weeks
San Diego, Aug. 18 - AIB Mortgage Bank plans to complete an early repurchase of €250 million of its series 11 floating-rate mortgage-covered securities due Feb. 3, 2018 (ISIN: XS0483912068) on Aug. 25, according to a company filing with the London Stock Exchange.
Following the transaction, the outstanding balance of the securities will be €1.6 billion.
The issuer is a subsidiary of Dublin-based Allied Irish Banks.
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