Oireachtas Joint and Select Committees

Tuesday, 25 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

This paper also states that PIMCO liked the value proposition and that they believed the secondary markets offer good opportunities for further investors at great value. What did PIMCO mean by the term "value proposition"? How would it know the value of the portfolio? Did the Executive disclose the value when it met PIMCO?

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