Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I would like to welcome Mr. Byrne and his colleagues this morning. I thank them for their opening statement and questionnaire in advance. I will start with the sale of the loan portfolio to Everyday Finance DAC. It is composed of 800 customer connections involving 3,700 assets. My understanding is that 800 customer connections could involve a multiple of that number in actual distinct customers. The witnesses have said the assets are underpinned by investment properties. Can they give us a description of what is involved the portfolio? Is it principally buy-to-let residential properties? Moreover, what is involved in the portfolio where going concern businesses are concerned?