Irish lender permanent tsb launches stock market return

April 14, 2015 6:18 AM

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DUBLIN, April 14 (Reuters) - Permanent tsb said it would raise 400 million euros ($423 million) by selling new shares to institutional investors and a further 125 million euros in bonds over the next four weeks.

As part of the share sale, the first public offering by an Irish bank since the financial crisis, permanent tsb will seek admission to the main Dublin and London stock markets, which it exited in 2011 when it was bailed out by the Irish government.

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