EY expecting another €5.3bn of toxic debt sales
Loans mentioned in document include PSTB’s Project Glas, which contains loans on family homes
Professional services firm EY expects at least another €5.3 billion in Irish toxic debt sales to complete this year, according to an internal client note.
The EY report is a guide for potential buyers of distressed Irish debt. It lists the forthcoming loan sales that are being worked on by Irish banks, the vast majority of which are in the public domain already.
The EY document is tracking four live or planned loan sales processes that...
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