Bank Of Ireland Share News (BIRG)

By Julian Baker

LONDON, March 7 (IFR) -

* Books EUR1bn ex JLM. (9:09am)

* Guidance MS-3 area, benchmark size, tbp today. Due 14 Mar2025 (soft bullet), pay 14 Mar, Irish law, Irish listing,100k/1k denoms, Reg S bearer. (8am)

Bank of Ireland Mortgage Bank (Ticker: BKIR) has mandatedBarclays, Credit Suisse, Deutsche Bank, SG CIB and UniCredit tolead manage its upcoming RegS (Bearer) EUR denominated fixedrate benchmark covered bond transaction with a 7-year maturity,backed by Irish residential mortgage loans. The deal is expectedto be rated Aaa/AAA by Moody’s/DBRS, and is expected to launchin the near future subject to market conditions. Relevantstabilisation regulations apply, including FCA/ICMA.Manufacturer target market (MIFID II product governance) iseligible counterparties and professional clients only (alldistribution channels). (March 6)