Wednesday, December 2, 2015

Irish Bad Bank Said to Plan $6.4 Billion Real Estate Loan Sales

Irish Bad Bank Said to Plan $6.4 Billion Real Estate Loan Sales


Ireland’s National Asset Management Agency plans to sell two portfolios of property loans with a face value of 6 billion euros ($6.4 billion) as it winds down its stock of risky commercial real estate debt, three people with knowledge of the matter said.

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