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Banking Sector

Dáil Éireann Debate, Thursday - 29 January 2015

Thursday, 29 January 2015

Questions (51)

Pearse Doherty

Question:

51. Deputy Pearse Doherty asked the Minister for Finance if Permanent TSB has contracted external consultants to advise on raising capital; and if so, the company involved; the value of the contract; and if he will make a statement on the matter. [4102/15]

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Written answers

Permanent TSB has informed me that in line with standard market practice for a capital markets transaction of this nature, they have appointed a number of key financial, legal and accounting advisors to advise on significant aspects of the transaction.  These advisors are: Deutsche Bank, Davy, A&L Goodbody, Clifford Chance, Allen & Overy, KPMG and PwC.

As the deputy is aware the values and details of the contracts are commercially sensitive in nature and therefore cannot be disclosed.

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