Contributing Member of the Financial & Business Services Councils

Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.

GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

NAMA and equity raising at Bank of Ireland

October 1, 2009

Analysis of:Bank Of Ireland Confident on Capital | www.nytimes.com

Bank of Ireland may be able to raise internal capital following NAMA though says rights issue not required. Many variable market related factors and accounting assumptions must fall in their favor, while a Euro 1bn fresh equity requirement is more likely over a 3 year horizon. The Irish Government with its NAMA policy is giving the banks time in which to raise equity. BOI have just raised a €1bn unsecured bond which will be used pre 31 Dec 09 to repurchase Government held pref shares.

Page : 11 to 1 of 1

Subscribe to Updates

By RSS