Anglo Irish Bank, which was nationalised by the Government earlier this year, said today that bondholders tendered between 51.77 per cent and 98.4 per cent of seven issues of Tier 1 and Tier 2 securities.
The lender offered bondholders between 27 per cent and 55 per cent of face value for a total $4.6 billion of subordinated debt last week.
Anglo Irish, which is grappling with a surge in loan losses, said earlier this month that it may halt interest payments on some Tier 1 securities as part of conditions set by the European Commission when it approved a €3 billion-capital injection by the Government.
