788. Deputy Alan Kelly asked the Minister for Further and Higher Education, Research, Innovation and Science the current status of a €50 million loan provided by the European Investment Bank (EIB) to University College Cork for the development of a new business school; whether his Department or the Higher Education Authority has received correspondence from the EIB regarding the loan; the amount of the loan drawn down to date; the amount of interest paid on the loan; the potential amount of future interest costs; and if he will make a statement on the matter. [73622/25]

Summary

788. Deputy Alan Kelly asked the Minister for Further and Higher Education, Research, Innovation and Science the current status of a €50 million loan provided by the European Investment Bank (EIB) to University College Cork for the development of a new business school; whether his Department or the Higher Education Authority has received correspondence from the EIB regarding the loan; the amount of the loan drawn down to date; the amount of interest paid on the loan; the potential amount of future interest costs; and if he will make a statement on the matter. [73622/25]

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