Bank of Ireland raises £544m
The orderbook was greater than seven times oversubscribed with 98% of the issue being subscribed by international investors.
In April the bank rejoined the Intermediary Mortgage Lenders Association to re-enter the intermediary lending sector.
Sean Crowe, group treasurer, said: “This is yet another milestone in the bank’s evolution.
“The significant international demand for this transaction underlines the continued investor confidence in the bank’s progress.’’