Oireachtas Joint and Select Committees

Tuesday, 25 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Mr. John Collison:

At that point our sense was that PIMCO had so much due diligence to complete that it was a non-binding letter of intent that it produced. There would have been potentially movement on that proportion of the portfolio as well as at the tail of the portfolio. It is very difficult to be definitive about that.