Westpark business park gets massive debt writedown

The firm behind the €65m Westpark business park in Shannon has sealed a bank deal that significantly reduces the €38.5m it owed in bank loans.

Westpark business park gets massive debt writedown
Thu, 19 Mar, 2015 - 00:00
Gordon Deegan

This is confirmed in new accounts just lodged by Westpark Shannon Ltd that show profits in 2013 increased by over €200,000.

Westpark Shannon Ltd is led by former chairman of Shannon Airport Brian O’Connell and the business park’s clients include aviation giant Gecas, Symantec, Pepper, Aercap and DHL.

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