Oireachtas Joint and Select Committees
Thursday, 31 January 2013
Public Accounts Committee
Enterprise Ireland - Annual Report and Financial Statement 2011
11:30 am
Mr. Frank Ryan:
From a policy point of view, where a good business that is making money and employing people has debt overhang - this applies to some of our companies - we continue to work with it in terms of development. If a business is sound, be it under the current or new owners, that business will continue. We have not ceased our financial or non-financial engagement with companies just because they have debt overhang. We want to see businesses continue.