Results 1-3 of 3 for nama segment:8045788
- Written Answers — Department of Finance: National Asset Management Agency (5 Oct 2021)
Emer Higgins: 164. To ask the Minister for Finance the estimated level of profits NAMA is expected to generate. [47608/21]
- Written Answers — Department of Finance: National Asset Management Agency (5 Oct 2021)
Emer Higgins: 165. To ask the Minister for Finance if the projected profits of NAMA will exceed its subordinated debt. [47609/21]
- Written Answers — Department of Finance: National Asset Management Agency (5 Oct 2021)
Paschal Donohoe: I propose to take Questions Nos. 164 and 165 together. NAMA originally issued €1.593 billion in subordinated debt in consideration for 5% of the loans it acquired from the participating institutions. Payment of interest and ultimate redemption of this debt was subject to NAMA’s financial performance. NAMA’s profits have substantially exceeded the subordinated debt...