McGettigan hospitality family set to exit Nama

31st May, 2015

The hotel and pub-owning McGettigan family are close to a bank-backed refinance of some €25 million in loans that will see them exit Nama, The Sunday Business Post understands.

The family declined to comment while negotiations are in train with the agency, but a source with knowledge of the matter said that following asset disposals and the sourcing of bank refinance, a deal with Nama was all but done.

The debt is connected with the...

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