Eir owners set to take another €100 million in payments

Latest move brings total dividends taken to €400 million as part of refinancing of borrowings. Eir issuing new bonds as well as drawing down €100 million loan and taking €60 million from firm

The owners of Eir are to take an additional €100 million in payments on top of the €300 million in dividends they announced last week in the latest extraction of money from the company.

Eir’s investors are now planning to take a total of €400 million in dividends as part of a refinancing of some of its borrowings. The company said last week that it was originally seeking to borrow €850 million in ...