Digicel’s top-ranked bonds have soared to above 93 cents in the dollar since a deal was announced that will see Denis O’Brien hand majority control of the Caribbean telecoms group to bondholders.
Inflation is set to slow this year, but consumers won’t feel it in their pockets, with the price of milk, eggs, breakfast cereal and chicken likely to stay elevated.
Bank of Ireland has named Gavin Kelly as the new CEO of its Corporate and Markets Division, moving from his current role as head of the bank’s retail arm.