Tony Killeen (Clare, Fianna Fail)

I will brief, although I ceded more than half my time to other Deputies. The circumstances they objected to were entirely beyond my control. We allowed over two hours for this debate initially but, for all kinds of reasons, that did not work out.

Deputy Creed asked if all the borrowing is legally compliant. I have been keeping an eye on this and am assured it is. Coillte would have preferred a considerably increased borrowing limit at this time but, because of all the other considerations, some of which were mentioned by Deputy Sherlock and others of which were mentioned by me in my initial contribution, we considered that €400 million was sufficient for the company's purposes at present.

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