Kieran O'Donnell (Fine Gael) | Oireachtas source

That money will have to flow from Pepper to service the cost of servicing the bondholders. I like that it is a long-term process and that the money goes in through Glenbeigh and will be available. The money will be handed to Pepper and if the company deals with the loans over time and if there was to be a further securitisation of the loans of which it takes control, who will determine whether those loans could be sold on as a further bundle in their own right? The €900 million in loans is managed by Pepper. Who makes the decisions to sell those loans? Can they be sold on or do they have to be worked out over a particular period? Mr. Crowley has suggested that 80% of the loans are-----