AIB Group issues €625m Additional Tier 1 perpetual bond at 7.125% due to strong investor demand of €3.2bn.

AIB Group raised €625m through the issuance of a new Additional Tier 1 perpetual bond, with an effective interest rate of 7.125%. The strong demand from investors, reaching €3.2bn, allowed AIB to reduce the interest rate from the originally planned 7.625%. The investor book was primarily composed of asset managers, with UK investors making up around 40% of the total.

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