172. Deputy Stephen S. Donnelly asked the Minister for Finance further to the recent announcement by PTSB that it had disposed of €215 million of loans secured by mortgages on buy to let property in the UK, in a portfolio known as Project Liverpool, if he will confirm the par value of the loans sold; the book value of the loans as at 30 June 2014; the sale price of the loans; the buyer of the loans; the additional terms that are relevant to the taxpayer who is ultimately the owner of PTSB; and if he will make a statement on the matter. [37993/14]

Summary

172. Deputy Stephen S. Donnelly asked the Minister for Finance further to the recent announcement by PTSB that it had disposed of €215 million of loans secured by mortgages on buy to let property in the UK, in a portfolio known as Project Liverpool, if he will confirm the par value of the loans sold; the book value of the loans as at 30 June 2014; the sale price of the loans; the buyer of the loans; the additional terms that are relevant to the taxpayer who is ultimately the owner of PTSB; and if he will make a statement on the matter. [37993/14]

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• Bank Debt Restructuring

  xml · EN · 7 October 2014

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