Oireachtas Joint and Select Committees
Tuesday, 22 November 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
Mr. Patrick Long:
Yes. The fact that I am here today is a reflection of that. There were certainly some challenges. A point I made earlier was that this was not viewed by the market as being a particularly attractive portfolio. There were not that many people out there who wanted to buy the entirety of NAMA's Northern Ireland debtor portfolio in a single transaction. Fortunately, there were several parties who were sufficiently interested in the transaction to take part in the process and the process achieved a successful sale.
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