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Published on 11/16/2010 in the Prospect News Liability Management Daily.

Allied Irish: holders exercise put option for €118 million of notes

By Melissa Kory

Cleveland, Nov. 16 - Allied Irish Banks plc said that €118 million of its outstanding floating-rate notes due Feb. 28, 2011 were put back to the company for redemption on Nov. 30.

The put exercise leaves €2 million of the notes outstanding.

Based in Dublin, Allied Irish Banks is involved in retail and corporate banking, investment banking and the provision of asset management services.


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