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. Cormac Ryan:

I will repeat the point. From an ownership point of view, it is difficult to predict what will happen. It is a long-term investment vehicle. The prospectus indicates that some of the investors and bondholders may change over time but, ultimately, the vehicle has long-term assets and is expected to be a long-term vehicle.

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