9th May 2012

Allied Irish Banks, p.l.c. ("AIB") today closed its first public securitisation of Prime UK residential mortgages. 

This 3 year AAA rated deal was priced at Libor plus 250bps with interest from a wide range of international investors.

David Duffy, Chief Executive of AIB, said:

“This is a positive return to the markets for AIB and forms part of our longer term, diversified, funding strategy.  It is also a further indicator of the improving international sentiment towards Ireland and the Irish financial system.”

 

- ENDS -

For further information, please contact:

Alan Kelly
Director of Corporate Affairs & Marketing
AIB Group
Bankcentre
Ballsbridge
Dublin 4
Tel: +353-1-641 2162

or

Helen Leonard
Press Officer
AIB
Bankcentre
Ballsbridge
Dublin 4
Tel: +353-1-64 14141

 

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