PTSB €3.7bn sale ‘to raise half that sum’

Permanent TSB (PTSB) will likely sell its controversial €3.7bn group of loans called Project Glas for about half that sum and incur €325m in additional costs in the sales process, according to Davy analysts.

PTSB €3.7bn sale ‘to raise half that sum’

By Eamon Quinn

Permanent TSB (PTSB) will likely sell its controversial €3.7bn group of loans called Project Glas for about half that sum and incur €325m in additional costs in the sales process, according to Davy analysts.

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