We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Not so tender

22 Oct 2010 By George Hay

The government is making an offer to buy out holders of Anglo Irish Bank sub debt but at just below the market value. A premium would have enraged taxpayers, but wiping investors out completely might have alarmed the market. The compromise is the best bondholders can hope for.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)