Akhir 26, 1432 H/March 31, 2011, SPA -- Ireland will seek "significant contributions" from junior debtholders in its banks to pay for the cost of recapitalising the industry, Reuters quoted Finance Minister Michael Noonan as saying on Thursday. Ireland said its banks need another 24 billion euros . Noonan said that will be "requiring further significant contributions from other sources including from subordinated debt holders, by the sale of assets to generate capital and where possible by seeking private sector investors."
