73. Deputy Pearse Doherty asked the Minister for Finance further to the recent disposal by the special liquidators of the Irish Bank Resolution Corporation of 64% of its mortgage book to Lone Star and Oaktree, if he will confirm that both of these companies typically pursue returns on investment in excess of 15% per annum; if he will outline the way these companies might achieve such returns on the mortgages they have acquired from IBRC; and if he will make a statement on the matter. [18971/14]

Summary

73. Deputy Pearse Doherty asked the Minister for Finance further to the recent disposal by the special liquidators of the Irish Bank Resolution Corporation of 64% of its mortgage book to Lone Star and Oaktree, if he will confirm that both of these companies typically pursue returns on investment in excess of 15% per annum; if he will outline the way these companies might achieve such returns on the mortgages they have acquired from IBRC; and if he will make a statement on the matter. [18971/14]

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• IBRC Mortgage Loan Book

  xml · EN · 30 April 2014

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