Anglo €600m credit facility

Anglo Irish Bank has completed a €600 million (£473 million) revolving credit facility

Anglo Irish Bank has completed a €600 million (£473 million) revolving credit facility. The bank also raised £200 million sterling in perpetual capital securities. Danske Bank, Royal Bank of Scotland and WestLB acted as joint arrangers of the revolving credit facility, which attracted commitments from 37 international banks. It was increased in size from €300 million.