Bank of Ireland (BoI) has announced a capital package to refinance the €1.8bn Government Preference Shares via a share placing of €580m (€537m net of expenses) utilising a cash-box structure and the sale of €1.3bn of the instruments to private investors. In terms of the placing element, BoI notes that it intends to issue new stock to both existing and … Continue reading Irish banks research – BoI announced details of Government Preference Share refinancing