![](/sites/default/files/styles/teaser_image_max715/public/16.06.jpg.webp?itok=wkN4ILca)
AIB Steps Forward With Quirky AT1 Tender
On what was a very busy morning for new issues, AIB probably came with one of the most interesting, announcing a €500m Additional Tier 1 (AT1) deal with a 5.5-year maturity with initial price thoughts of 7%, though we expect this will be tightened as the order book builds.