Oireachtas Joint and Select Committees

Thursday, 13 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: AIB

12:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

I understand this is why in the past shares were issued in lieu of the €280 million. Given the fact these issues have been addressed, and it is very welcome that they have been, it is reasonable to assume when it falls due in May the €280 million will be paid in cash.