Oireachtas Joint and Select Committees
Thursday, 18 October 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Sale of Loans to Unregulated Private Investment Funds: Discussion
9:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
What type of restructures, if any, is Mr. Stapleton seeing get done and get fully approved through the system that do not involve repossession and the loss of the asset? I put the same question to Mr. McDonnell. Are they seeing funds enter into loan restructures with farmers that may be extended debt or arrangements whereby some of the debt is parked or the interest rate reduced? Is that happening?
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