Oireachtas Joint and Select Committees

Thursday, 6 December 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Permanent TSB Mortgage Loans: Discussion

2:00 pm

Mr. Eamonn Crowley:

The bondholders would have the power to do that after six years. It is possible, but the reality of these transactions is that they are long-term in nature and the investors are not interested in short-term work-outs or anything of that nature. They are interested in long-term cash yields.

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