Oireachtas Joint and Select Committees

Thursday, 27 January 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

National Broadband Plan Update: National Broadband Ireland

Mr. Barry Kelly:

There is no bank debt. These are effectively funds advanced by the shareholders which are put in by way of a shareholder loan note as opposed to equity. They are both unsecured. It is not like a bank loan, where the bank takes security and you then take the-----

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