Finance Ireland securitises loan portfolio worth €200 million
Finance Ireland, the country’s largest non-bank lender, is securitising a €200 million loan portfolio, becoming the latest institution to tap into investor demand for Irish debt.
A subsidiary of Finance Ireland, called Pembroke Finance, is to issue new bonds to investors which will allow it to use the money raised to fund the expansion of its loan book.
The €200 million deal is backed by dozens of commercial property loans. Finance Ireland has been a...
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