Lone Star to buy PTSB loans for €1.3bn

US private equity firm Lone Star has won the race to acquire Permanent TSB’s €2.2bn ‘Project Glas’ portfolio of non-performing home loans.

Lone Star to buy PTSB loans for €1.3bn
Wed, 01 Aug, 2018 - 09:00

By Geoff Percival

US private equity firm Lone Star has won the race to acquire Permanent TSB’s €2.2bn ‘Project Glas’ portfolio of non-performing home loans.

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