Lone Star and Oaktree bid for €4.7 billion Nama loans

Bad bank on track to meet third of sales forecast with disposal of portfolios

5th May, 2016
The home of Nama Pic: RollingNews.ie

Lone Star and Oaktree are among bidders shortlisted for two portfolios of Nama loans with a combined face value of €4.7 billion, sources have revealed.

Cerberus is also bidding for both the Project Ruby and Project Emerald portfolios, owned by the bad bank which was set up in 2009 to take over €74 billion of commercial real estate loans and sell them over as many as 10 years.

The agency, which has said it is on target...

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