NAMA confirms completion of Project Eagle sale process

Friday 20 June 2014 17.56
NAMA confirms completion of Project Eagle sale process
NAMA confirms completion of Project Eagle sale process

NAMA has announced that the Portfolio Eagle loan sale transaction has been successfully concluded with Cerberus Capital Management.

It represents the largest single transaction by NAMA to date.

The portfolio which has a par value of £4.5 billion relates to loans secured on assets in Northern Ireland and in other locations where the underlying properties are owned by Northern Ireland-based debtors.