One Financial Institution currently invests or makes available an estimated
USD$ 28 million in nuclear weapons companies.
Allied Irish Banks
Allied Irish Banks currently has an estimated USD$ 28.00 million invested or available for the nuclear weapons producers identified in this report.
In May 2010, Babcock & Wilcox Investment Company, a subsidiary of Babcock & Wilcox, secured a four-year revolving credit facility with a value of US$ 700 million. The proceeds were used for working capital, capital expenditure, refinancing and general corporate purposes. Allied Irish Investment Bank, a subsidiary of Allied Irish Banks, was part of the 17 bank syndicate, committing an estimated amount of US$ 28 million.(( Bloomberg Database, “Loan finder”, Bloomberg Database, viewed July 2013; Thomson ONE Banker, “Tearsheet 2582202115”, Thomson ONE Banker (www.thomsonone.com), 30 April 2010; Babcock & Wilcox, “Credit Agreement dated as of May 3, 2010”, Babcock & Wilcox, 3 May 2010; Babcock & Wilcox, “Annual Report 10K”, Babcock & Wilcox, March 2011 (phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NDIwMTc5fENoaWxkSUQ9NDMzNjMzfFR5cGU9MQ==&t=1).))