Cerberus collects $631m on German shipping loans housed in Dublin firm
US investor uses Ireland as hub for distressed property assets from across Europe
US investor uses Ireland as hub for distressed property assets from across Europe
Lender sells block of non-performing loans to Cerberus unit at 40% discount to face value
Seen and heard: Sunday papers also report Government efforts to tackle insurance costs
US private equity this month agreed deal to acquire a €1bn portfolio from AIB
Portfolio is mostly made up of buy-to-let loans across 5,000 assets
Cerberus also among potential buyers of portfolio of mortgages and business loans
Loan book of €3.2bn expected to be put on market at discount in final quarter of 2018
Business Week: Vulture funds, housing and corporate struggles fill the headlines
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More than half of the portfolio includes buy-to-lets with average arrears of €32,000
America’s oldest gunmaker announced in February it will transfer control of the company to creditors
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Cerberus Capital and American Eagle working on joint bid for teen apparel retailer
Loan portfolio with face value of €3bn likely to sell at substantial discount
UK mortgage lender vying with private-equity firms for bank’s MBNA card business
Operation Pumpless dealing with issues of alleged bribery, corruption and fraud
Taxpayer value and conflicts of interest are key criticisms levelled at Nama
Independents4Change propose Commission of Investigation into Nama’s sale of portfolio
Independents 4 Change proposal to receive backing of Fianna Fáil and Sinn Féin
Group that bought Nama’s NI portfolio also owns an assault rifle maker
Adams presses for investigation into sale of agency’s Northern Ireland loan book
Assembly supports inquiry as National Crime Agency arrests two
SF chief says Nama sale a scandal and disgrace, Kenny insists Nama ‘compliant with law’
Portfolios are understood to include apartment blocks around Dublin
Gareth Graham indicates proceedings resolved to ‘full satisfaction of all parties’
The US fund avoids giving details of its activities and seems unwilling to pay meaningful tax
Ulster targeting indebted firms telling them they risk being sold to a third party
As its portfolio expands, so does the amount of attention Cerberus is getting
TD made new claims in Dáil regarding Northern Ireland loans sale
Agency is winding down its stock of risky commercial property debt
State agency paid Belfast solicitors Tughans €8,000 for working on the deal
Sale includes mortgages and unsecured loans from what was Northern Rock
Developer says Executive should have managed portfolio to help finance some of its challenges
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