Ardagh, Johnny Sexton’s new team, prepares to tackle disgruntled bondholders
Paul Coulson’s glass and cans business was built on the back of junk bond debt but rising rates and volatile glass bottle markets have left it debt heavy
Solar panel firm Ohk makes fourth purchase after Melior deal
Ohk deals completed since 2023 Melior investment reach over €30m in value
For Avant Money CEO Niall Corbett it’s all about balance - ‘We have to lend money to make money.’
Avant Money CEO Niall Corbett is balancing the twin challenges of establishing a retail bank presence in Ireland and learning Spanish
Accounting firm Moore Ireland merges with Galway’s DHKN
Deal marks first big strategic move by company backed by private equity
NTMA hires banks to sell €3bn of bonds as new government takes shape
Agency sold just €6bn of bonds during 2024, at lower end of targeted range
Irish savers placing less cash in high-rate deposit accounts
Almost 87% of Irish household savings held in on-demand or current accounts earning average of 0.14%
PTSB cuts mortgage pricing to include market-leading 3% rate
Lender’s share of new mortgages has slid from 25% to 13.4% in recent times
Hostelworld revenues dip as backpackers flock to low-cost Asia and Central America
Net bookings grew 6% on the year to 6.9m
Grafton Group sales decline 2.7% in 2024 amid weak UK and Finnish markets
No significant pick up in volumes expected amid ’relatively insipid’ economic growth in key markets
Avant Money informs Irish customers that it will become full fledged bank here in April
Nonbank lender currently offers mortgages, credit cards and personal loans
Wall Street investors ask if CRH’s new boss will hive off non-US assets, including Ireland
Scale and prospects of US business drove 2023 decision to move CRH’s primary stock market listing to New York
Glenveagh operating profit soars 86% as house sales and margins rise
Home builder sees sales continue to surge
Coulson quits Ardagh unit with riskiest bonds as restructuring looms
Bonds issued by ARD Finance are currently trading as low as 9.5 cent on the dollar
Alvarez & Marsal opens Irish office after hiring a former KPMG managing director
New York-based firm has established a corporate finance practice and aims to hire up to 20 people over the next two years