Anglo Irish Transfers Bad Loans At 61% Discount

Anglo Irish Bank reportedly has transferred a second tranche of bad loans to Ireland’s National Asset Management Agency at an even deeper discount than the first batch.

  • 23 Aug 2010

Anglo Irish Bank reportedly has transferred a second tranche of bad loans to Ireland’s National Asset Management Agency at an even deeper discount than the first batch. Sources said that in the latest transfer, NAMA discounted an estimated €7 billion ($8.9 billion) in Anglo Irish ...

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