Ireland’s NAMA Likely to Sell $42 Billion Loan Book by Borrower
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Ireland’s National Asset Management Agency will likely sell its 30.5 billion-euro ($42.1 billion) overseas loan portfolio on a borrower-by-borrower basis.
The agency is “unlikely” to sell traditional loan tranches and “most likely” will categorize the portfolio by debtor or geography, according to documents released yesterday. NAMA’s spokesman wasn’t immediately available for comment.