Written answers
Wednesday, 7 December 2011
Department of Finance
National Asset Management Agency
10:00 pm
Michelle Mulherin (Mayo, Fine Gael)
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Question 14: To ask the Minister for Finance the restrictions affecting the ability of the National Assets Management Agency companies and borrowers to re-finance with financial institutions and investors located outside this jurisdiction. [39169/11]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that there is no restriction on NAMA borrowers, whether they be individuals or companies, refinancing themselves with financial institutions and investors located outside this jurisdiction subject to the refinancing proposal being commercially viable from NAMA's perspective.
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