28 May 2021 | 13:12pm
StockMarketWire.com - AIB Group has appointed CFO Donal Galvin to its board as an executive director, with immediate effect.
He has held his current role since March 2019, initially joining as group treasurer in 2013.
Previously, he held a number of senior roles at Mizuho Securities Asia and Rabobank International.
AIB Group CEO Colin Hunt said: This appointment recognises the significant impact which Donal has made since his appointment as CFO in the optimisation of our capital structure, the embedding of cost discipline and generally in his leadership and engagement with our stakeholders.
At 1:12pm: [LON:AIBG] AIB Group Plc share price was 0p at 1.27p
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
SINGAPORE (THE BUSINESS TIMES) - Property investment firm GLP this month sold the world s largest US-dollar green subordinated perpetual offering.
It priced a landmark US$850 million (S$1.13 billion) offering of green subordinated perpetual securities at a coupon of 4.5 per cent, GLP said in a media statement. The offering was upsized from the initial target size of US$500 million, with the orderbook more than six times subscribed.
The green perpetual securities are not callable for the first five years. They come with a 25 basis points (bps) step-up margin from year 10, and an additional - and cumulative - 75 bps step-up margin from year 25.
Deal amount upsized to US$850 million amid strong investor demand
12 May 2021 |
Chito Santiago
GLP, a global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies, on May 10 priced an upsized green subordinated capital securities amounting to US$850 million.
The Reg S perpetual non-call five offering was priced at par with a similar coupon and re-offer yield of 4.50%. This was in line with the final price guidance and 37.5bp tighter than the initial price range of 4.875% area. The issuance represented GLP’s return to the international public US dollar bond market after more than five years and marked the first-ever offering of US dollar green subordinated perpetual securities by a corporate issuer from Asia-Pacific. This was also the largest US dollar green subordinated perpetual offering globally to date.