Anglo to increase 2010 euro bond

Anglo Irish Bank is planning a benchmark-sized increase of its existing €2 billion euro government-backed bond maturing in September…

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

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