Allied Irish Banks, p.l.c. ("AIB") Correction of the statement on Subordinated Liabilities issued 9th June 2011
(Thomson Reuters ONE) -
We refer to Allied Irish Banks, p.l.c. ("AIB) [NYSE:AIB] announcement of 9th
June 2011 in respect of sixteen subordinated liabilities set out in the table
below that are the subject of the proposed debt buyback (the "Offer") details of
which are set out in the Tender and Consent Memorandum dated 13th May 2011.
We note that the deadline to participate in the Offer is midnight (New York
time) today, Monday, 13th June 2011 in respect of :
(i) the subordinated liabilities listed in the table below (other than in
respect of the subordinated liabilities listed at 1, 4 and 7 in the table below,
where the deadline to participate in the Offer is 5.00 pm London time on
Wednesday, 20 July 2011),
(ii) the £368,253,000 12.5 per cent Subordinated Notes due 2019 (ISIN:
XS0435957682) and
(iii) the ?868,518,000 12.5 per cent Subordinated Notes due 2019 (ISIN:
XS0435953186).
In particular we note that:
(i) the deadline to participate in the Offer is midnight (New York time)
today, Monday, 13th June 2011 in respect of the subordinated liabilities listed
at 9 in the table below (and not the later date referred to in our announcement
of 9th June 2011) and
(ii) the deadline to participate in the Offer is 5.00 pm London time on
Wednesday, 20 July 2011 in respect of the subordinated liabilities listed at 4
in the table below (and not the earlier date referred to in our announcement of
9th June 2011).
+--+----------------------------------+--------------------------+------------+
| | Subordinated | Issuer | ISIN |
| | | | |
| | Liabilities | | Code |
+--+----------------------------------+--------------------------+------------+
| |?419,070,000 10.75 per cent. |Allied Irish Banks, p.l.c.|XS0498532117|
|1 |Subordinated Notes due 2017 | | |
+--+----------------------------------+--------------------------+------------+
| |£1,096,645,000 11.50 per cent. |Allied Irish Banks, p.l.c.|XS0498531069|
|2 |Subordinated Notes due 2022 | | |
+--+----------------------------------+--------------------------+------------+
| |U.S.$177,096,000 10.75 per cent. |Allied Irish Banks, p.l.c.|XS0498530178|
|3 |Subordinated Notes due 2017 | | |
+--+----------------------------------+--------------------------+------------+
| |£700,000,000 Callable Dated |Allied Irish Banks, p.l.c.|XS0368068937|
| |Subordinated Fixed to Floating | | |
|4 |Rate Notes due July 2023 | | |
+--+----------------------------------+--------------------------+------------+
| |?500,000,000 Callable |Allied Irish Banks, p.l.c.|XS0232498393|
| |Subordinated Step-Up Floating | | |
|5 |Rate Notes due 2017 | | |
+--+----------------------------------+--------------------------+------------+
| |£500,000,000 Subordinated |Allied Irish Banks, p.l.c.|XS0214107053|
| |Callable Fixed/Floating Rate Notes| | |
|6 |due 2025 | | |
+--+----------------------------------+--------------------------+------------+
| |?400,000,000 Subordinated |Allied Irish Banks, p.l.c.|XS0208845924|
| |Callable Step-Up Floating Rate | | |
|7 |Notes due 2015 | | |
+--+----------------------------------+--------------------------+------------+
| |U.S.$400,000,000 Dated Callable |Allied Irish Banks, p.l.c.|XS0197993875|
| |Step-Up Subordinated Notes due | | |
|8 |2015 | | |
+--+----------------------------------+--------------------------+------------+
| |£350,000,000 Subordinated |Allied Irish Banks, p.l.c.|XS0180778507|
| |Callable Fixed/Floating Rate Notes| | |
|9 |due 2030 | | |
+--+----------------------------------+--------------------------+------------+
| |?200,000,000 Perpetual |Allied Irish Banks, p.l.c.|XS0100325983|
| |Subordinated Callable Step-Up | | |
|10|Notes | | |
+--+----------------------------------+--------------------------+------------+
| |£400,000,000 Perpetual Callable |Allied Irish Banks, p.l.c.|XS0227409629|
|11|Step-Up Subordinated Notes | | |
+--+----------------------------------+--------------------------+------------+
| |?500,000,000 7.50 per cent. Step |Allied Irish Banks, p.l.c.|XS0120950158|
| |Up Callable Perpetual Reserve | | |
|12|Capital Instruments | | |
+--+----------------------------------+--------------------------+------------+
| |?1,000,000,000 Fixed Rate/Floating| AIB UK I LP |XS0208105055|
| |Rate Guaranteed Non-voting Non- | | |
| |cumulative Perpetual Preferred | | |
|13|Securities | | |
+--+----------------------------------+--------------------------+------------+
| |?500,000,000 Fixed Rate/Floating | AIB UK 2 LP |XS0257734037|
| |Rate Guaranteed Non-voting Non- | | |
| |cumulative Perpetual Preferred | | |
|14|Securities | | |
+--+----------------------------------+--------------------------+------------+
| |£350,000,000 Fixed Rate/Floating | AIB UK 3 LP |XS0257571066|
| |Rate Guaranteed Non-voting Non- | | |
| |cumulative Perpetual Preferred | | |
|15|Securities | | |
+--+----------------------------------+--------------------------+------------+
| |U.S.$100,000,000 Subordinated |Allied Irish Banks, p.l.c.|IE0000189625|
| |Primary Capital Perpetual Floating| | |
|16|Rate Notes | | |
+--+----------------------------------+--------------------------+------------+
-ENDS-
For further information please contact:
Alan Kelly Catherine Burke
General Manager, Corporate Affairs & Head of Corporate Relations &
Marketing Communications
AIB Group AIB Group
Dublin 4 Dublin 4
Tel: +353-1-641 2162 Tel: +353-1-641 3894
Email:alan.j.kelly(at)aib.ie Email :catherine.e.burke(at)aib.ie
Forward-looking statements
This document contains certain "forward-looking statements" within the meaning
of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of
the US Exchange Act of 1934, as amended, regarding the belief or current
expectations of the Group, AIB's Directors and other members of its senior
management about the Group's financial condition, results of operations and
business of the Group and certain of the plans and objectives of the Group,
including statements relating to possible future write-downs or impairments. In
particular, certain statements with regard to management objectives, trends in
results of operations, margins, risk management, competition and the impact of
changes in Financial Reporting Standards are forward-looking in nature. These
forward-looking statements can be identified by the fact that they do not relate
only to historical or current facts. Forward looking statements sometimes use
words such as 'may', 'could', 'would, 'will, 'aim', 'anticipate', 'target',
'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', or other words of
similar meaning. Examples of forward-looking statements include, among others,
statements regarding the Group's future financial position, income growth,
business strategy, projected costs, capital position, estimates of capital
expenditures, and plans and objectives for future operations. Because such
statements are inherently subject to risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
information.
These forward-looking statements are not guarantees of future performance.
Rather, they are based on current views and assumptions and involve known and
unknown risks, uncertainties and other factors, many of which are outside the
control of AIB and are difficult to predict, that may cause actual results to
differ materially from any future results of developments expressed or implied
from the forward-looking statements. Factors that could cause actual results to
differ materially from those expressed or implied include, but are not limited
to, changes in economic conditions globally and in the regions in which the
Group conducts its business, changes in fiscal or other policies adopted by
various governments and regulatory authorities, the effects of competition in
the geographic and business areas in which the Group conducts its operations,
the ability to increase market share and control expenses, the effects of
changes in taxation or accounting standards and practices, acquisitions, future
exchange and interest rates, the risk that the Group may not participate in NAMA
or that the NAMA Scheme may turn out to be unsuccessful in achieving its goals,
the lack of control over the nature, number and valuation of the assets to be
transferred to NAMA and the success of the Group in managing these events.
The Group cautions that the foregoing list of important factors is not
exhaustive. Investors and others should carefully consider the foregoing factors
and other uncertainties and events when making an investment decision based on
any forward-looking statement. In light of these risks, uncertainties and
assumptions, the forward-looking events discussed in this Report may not occur.
The forward-looking statements speak only as of the date of this document.
Except as required by the Irish Financial Regulator, the Irish Stock Exchange,
the UK Financial Services Authority, the London Stock Exchange or applicable
law, AIB does not have any obligation to update or revise publicly any forward-
looking statement, whether as a result of new information, further events or
otherwise. AIB expressly disclaims any obligation or undertaking to publicly
release any updates or revisions to any forward-looking statement contained in
this document or incorporated by reference to reflect any change in AIB's
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE
[HUG#1523022]
Unternehmensinformation / Kurzprofil:
Datum: 13.06.2011 - 15:16 Uhr
Sprache: Deutsch
News-ID 55508
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