Home Knowledge IBRC Considers Offering Financing to Asset Buyers

IBRC Considers Offering Financing to Asset Buyers

September 21, 2012

It is reported that Irish Bank Resolution Corp., formerly Anglo Irish Bank (IBRC) is considering providing vendor financing to parties seeking to buy its assets as a means of aiding cash-strapped suitors. IBRC is reportedly on target to cover its estimated cost to the State of between €25bn and €28bn and to be run down prior to 2020.

 

Recommended Insights

See all
Announcement
16
Apr 2025
William Fry Announces Three New Partners
William Fry is pleased to announce the appointment of three new Partners: David O'...
WF_author_blank
Managing Partner
Stephen Keogh
Announcement
24
Apr 2025
William Fry advises on the sale of DCC Healthcare
William Fry advises DCC plc on its proposed sale of its healthcare division to Hea...
WF_author_blank
Partner
Mark Talbot
Article and Insights
25
Apr 2025
High Court Finds that 9% Surcharge Interest Rate Offends the Rule Against Penalty Clauses
High Court reaffirms that surcharge interest rates that are 'extravagant and uncon...
WF_author_blank
Partner
David O’Shea
Article and Insights
22
Apr 2025
The Central Bank of Ireland permits semi-transparent ETFs
The Central Bank has changed its daily portfolio disclosure requirement for UCITS ...
WF_author_blank
Partner
Sergey Dolomanov
Announcement
11
Apr 2025
William Fry Celebrates Double Win at Managing IP Awards
William Fry is proud to announce that the Firm has won two awards at the Managing ...
WF_author_blank
Managing Partner
Stephen Keogh
Article and Insights
14
Apr 2025
Europe’s AI Ambitions: Inside the EU’s €200 Billion Digital Sovereignty Plan
The EU's €200 billion AI Continent Action Plan aims to establish European digital...
WF_author_blank
Partner
Barry Scannell
prev
next
See all