Oireachtas Joint and Select Committees

Wednesday, 29 June 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

National Broadband Plan Update: National Broadband Ireland

Mr. Peter Hendrick:

It is loan notes and equity. Effectively, what would end up happening is the investment that they have made in, to date €120 million by all 100% shareholders, would be transferred and the new investors would step into their obligations under the terms of the contract.

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