Bank of Ireland, Irish Life & Permanent and EBS plan to impose ‘haircuts’ on subordinated/ junior bondholders
May 31st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Bank of Ireland, Irish Life & Permanent and EBS today announced plans impose 'haircuts' or discounts on subordinated/ junior bondholders to contribute to the cost of recapitalising the banks.