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:
I understand the questions. By the time that PIMCO withdrew, Cerberus and Fortress were exhibiting a very high degree of commitment to the transaction. At the time that PIMCO withdrew, we were still confident of being able to sell the portfolio, albeit to someone else. There was not panic.
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