€2.5bn ex-Anglo loans to be sold
About 85% of the loan book will be sold with the remaining 15% transferring over to Nama. A spokesperson for the special liquidators said there was strong interest in the loans with bids exceeding commercial valuation received on the loans sold.
“There was strong market interest in the process which was designed to maximise value and resulted in competition among bidders for the acquisition of the various loan assets in Evergreen. The special liquidators are pleased with the outcome thus far which reflects the market interest that has been evident since the commencement of the special liquidation,” the spokesperson said.
