 |
||
 |
PROPERTY JOBS
CARS
DATING |
|
|
|
||
 |
||
 |
||
|
|||||||||||||||
|
 Second batch of Anglo loans transferred to Nama 8/23/2010 - 6:37:11 PM The National Asset Management Agency (Nama) has completed the transfer of the second batch of loans from Anglo Irish Bank, with a discount of almost 62%. A total of €6.75bn worth of loans were taken over, while securities with a value of €2.57bn were given to Anglo in return. An average discount of 55.6% has been applied to loans transferred from all five financial institutions involved in Nama. Taking Tranche 1 and Tranche 2 together, Nama has now undertaken valuations and due diligence and completed the acquisition of some 3,518 individual loans with a nominal value of some €27.2bn. The loans have been acquired for a discount of 52.3%. Nama has paid €13bn in consideration which represents additional liquidity that has been made available to the participating institutions since end March 2010. |
|
|
||||||||||||||||||||||||
