Posts Tagged ‘Loan Sales’

AIB Loan Sale: €1.8bn Purge to Vulture Funds

AIB Plans €1.8bn in Loan Sale to Cerberus and other Vulture Funds The Irish Times recently reported that the private equity firm Cerberus, ironically named after the mythical three-headed dog guarding the gates of Hades, is moving forward in potentially purchasing some of AIB’s loan book. AIB is planning a purge of its non-performing €1.8 billion loan…

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