Anglo Irish Bank is planning a benchmark-sized increase of its existing €2 billion euro government-backed bond maturing in September 2010, IFR reported today.
Books are open and guidance has been set at mid-swaps plus 165 to 170 basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.
Barclays, Citigroup, JP Morgan-Cazenove and Societe Generale are managing the sale of the issue, added IFR.
Reuters