Pearse Doherty
Question:128. Deputy Pearse Doherty asked the Minister for Finance the role Deutsche Bank is playing in advising Permanent TSB on the sale of assets. [17268/15]
View answerWednesday, 6 May 2015
Questions (128)
Written answers
I have been informed by Permanent TSB that it has not engaged or retained Deutsche Bank to act as its advisor in relation to either of its recently announced or pipeline deleveraging transactions. For completeness Permanent TSB has informed me that Morgan Stanley were appointed as advisor in relation to the sale of Springboard Mortgages, UK loan assets and Irish CRE assets.
The Deputy may be aware that Deutsche Bank are an advisor to Permanent TSB on its recent successful capital raise. Details of their role are outlined in the recently published prospectus which can be accessed via the link for "Equity Prospectus - April 2015" on this page: http://www.permanenttsbgroup.ie/investor-relations/reports-and-presentations/other-documents/2015.aspx