herald

Monday 20 August 2018

NAMA in bond vow

THE National Assets Management Agency (NAMA) headed by Frank Daly has announced it has agreed to repay €250m of NAMA bonds over the coming weeks.

It is the first such repayment of these bonds and is ahead of schedule.

The announcement came after NAMA confirmed it recovered more than the combined amount of money it paid to buy a Real Estate Opportunities (REO) loan and fund the completion of the Montevetro office building in Dublin.

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