Another unsecured, ‘unguaranteed’ bondholder payment.
From Nama Wine Lake:
Who: AIB, which is 99.8% owned by the State and which has so far cost €20.7bn to bailout
How much: €1,500,000,000 (€1,500m or €1.5bn)
When: tomorrow, 11th April 2012
What: “Unsecured”, that is, not secured against specific assets, “unguaranteed”, that is not covered by the September 2008 guarantee or its extensions.