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3 years ago
Bank of Ireland to buy 274 mln euro of commercial loans from Danske
February 5, 2015 / 10:40 AM / 3 years ago

Bank of Ireland to buy 274 mln euro of commercial loans from Danske

DUBLIN, Feb 5 (Reuters) - Bank of Ireland :

* Bank of Ireland and Goldman Sachs have agreed terms to acquire a commercial loan portfolio of face value 540 million euros from Danske Bank a/s

* Bank of Ireland will acquire a 274 million euro portfolio of performing commercial loans

* Goldman Sachs in conjunction with Pepper Asset Servicing, as servicer, will acquire balance

* The transaction is expected to close shortly

Source text for Eikon: Further company coverage: (Reporting by Conor Humphries)

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