16 Apr 2012 10:55
STOCK EXCHANGE ANNOUNCEMENT
The Governor and Company of the Bank of Ireland
(acting through its UK Branch)
(the "Issuer")
£200,000,000 Floating Rate Series 2008-3 Covered Bonds due 2012
ISIN Code XS0389762062
(the "Series 2008-3 Covered Bonds")
£500,000,000 Floating Rate Series 2008-4 Covered Bonds due 2013
ISIN Code XS0389761254
(the "Series 2008-4 Covered Bonds")
£500,000,000 Floating Rate Series 2008-5 Covered Bonds due 2013
ISIN Code XS0389762229
(the "Series 2008-5 Covered Bonds")
£500,000,000 Floating Rate Series 2008-6 Covered Bonds due 2014
ISIN Code XS0389761411
(the "Series 2008-6 Covered Bonds")
£500,000,000 Floating Rate Series 2008-7 Covered Bonds due 2014
ISIN Code XS0389760876
(the "Series 2008-7 Covered Bonds")
£500,000,000 Floating Rate Series 2008-8 Covered Bonds due 2014
ISIN Code XS0389761502
(the "Series 2008-8 Covered Bonds")
(the Series 2008-3 Covered Bonds, the Series 2008-4 Covered Bonds, the Series 2008-5 Covered Bonds, the Series 2008-6 Covered Bonds, the Series 2008-7 Covered Bonds and the Series 2008-8 Covered Bonds, together the "Covered Bonds")
issued under the Issuer's €15 billion Global Covered Bond Programme
unconditionally and irrevocably guaranteed as to payments of principal and interest by Bank of Ireland Covered Bonds LLP under
the €15 billion Global Covered Bond Programme (the "Programme")
FOR IMMEDIATE RELEASE - 16 April 2012
RE: Full Redemption
Pursuant to the purchase by the Issuer of the Covered Bonds in accordance with Condition 6(h) (Purchases) of the Terms and Conditions of the Covered Bonds and the cancellation of the Covered Bonds in accordance to Condition 6(i) (Cancellation) of the Terms and Conditions of the Covered Bonds, the Issuer wishes to announce the full redemption of the above Covered Bonds effective as of 16 April 2012. Following redemption of the Covered Bonds, the Programme was terminated on 16 April 2012.
The Issuer further announces the cancellation of the listing of the Covered Bonds on the Irish Stock Exchange, on the basis that the Covered Bonds have been redeemed in full and the Programme was terminated on 16 April 2012.
Capitalised terms used herein and not otherwise defined shall have the meaning given to them in the Master Definitions and Construction Agreement dated 22 August 2008 (and as amended and restated from time to time).
J & E Davy | Niamh Moran |
Listing Agent | + 353 1 614 8933 |
This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange.