Find a page

Permanent TSB may raise €400m
19 Dec 2014 10:10
Permanent TSB Group Holdings is considering raising as much as €400m in a share sale, according to a person with knowledge of the matter.
-
This is more than double the amount signalled by the lender last month, a report from the financial news agency Bloomberg says.
-
Permanent TSB's chief executive Jeremy Masding said last month that the bank aimed to raise €100-150m to shore up its capital, and that it had drawn “real interest” from potential investors in the UK and US
-
Permanent TSB was the only Irish bank to fail the European Central Bank’s stress test in October.
-
Raising more equity would improve the quality and level of the bank’s reserves beyond what regulators are demanding.
-
Officials from Permanent TSB, the Department of Finance and the Central Bank all declined to comment, Bloomberg said.
-
Permanent TSB hired Deutsche Bank and Davy in October to assess market demand for a share sale.
-

Where can I get RTÉ Aertel Digital?

RTÉ Aertel Digital is an enhanced digital version of the RTÉ Aertel teletext service. It functions in the same way as the analogue service, offering current news, sport and weather updates but is now more agile and easier to use.

RTÉ Aertel Digital is available on Saorview, the new free digital TV service in Ireland.
Press TEXT button on your remote to launch Aertel from RTÉ One, RTÉ Two, RTÉ News Now.