Oireachtas Joint and Select Committees

Monday, 16 May 2022

Joint Oireachtas Committee on Health

New National Maternity Hospital: Discussion (Resumed)

Mr. James Menton:

We are currently negotiating with the bank very successfully to have those waivers extended towards the end of 2023. We are very confident, despite the Deputy's observations, that those waivers on our covenants will be extended for another 18 months de minimis.

I also wish to make the point that the board of directors, which is an experienced board, has absolutely no concerns about the financial viability of our group. We would reject wholeheartedly any assertion to the contrary.

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