Ireland?s Lenihan Wants Senior Bank Debt Discounts

Irish Finance Minister Brian Lenihan said the government is pressing for a ?substantial discount? on 20 billion euros ($27.2 billion) of unsecured senior bank bonds, a push resisted by the European Central Bank.

Source: http://www.businessweek.com/news/2011-02-08/ireland-s-lenihan-wants-senior-bank-debt-discounts.html

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