Dáil Éireann Debate, Tuesday - 4 March 2014
59. Deputy Lucinda Creighton asked the Minister for Finance the value that the 2% of borrowers par value loans represent as a percentage of the entire Irish Bank Resolution Corporation loan book; and if he will make a statement on the matter. [10875/14]
View answerI am advised by the Special Liquidators that 2% of borrowers were not allowed to bid for their own loans. The Special Liqidators would like to clarify that they have stated that 33 Borrower Groups, representing 0.2% of total Borrower Groups, were and are being offered for sale on a standalone basis.
The total par value of these 33 Borrower Groups will not be disclosed as this is commercially sensitive information.
