permanent tsb Group

Accretive loan sale; credit rating upgrade

  • Sectors : Banks
  • Companies : permanent tsb Group

Ratings and price correct at time of issue.

  • permanent tsb Group

    Closing Price: 170c

  • RATING 04/02/21

  • PREVIOUS RATING 06/03/19



Execution on balance sheet de-risking and capital generation continue to be very strong points for PTSB – this latest sale will assist in the capital financing of the highly earnings accretive Ulster Bank loan and asset acquisition. Moving to investment grade will also benefit PTSB on future MREL issuance.

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Sep 22 2022, 07:10 IST/BST