Johnny Ronan finalised a deal last week with two multibillion-dollar funds to secure his exit from the National Asset Management Agency (Nama).
The developer has secured backing from Colony Capital, a $20 billion US investment fund, and M&G Investments, a €340 billion fund, to buy out his remaining Nama debts with repayments beginning on April 1.
Ronan reached agreement with Nama about the terms it required for him to exit about two months ago, allowing...
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