Clik here to view.
AIB looks to sell £200m Project River UK airport hotel loan portfolio
Allied Irish Bank is selling a portfolio of seven syndicated senior loans together with an outstanding nominal balance of around £200m, dubbed Project River, secured by a portfolio of UK airport hotels...
View ArticleClik here to view.
AIB runs off €3.2bn since €20bn NAMA transfer as loan quality deteriorates
Allied Irish Bank (AIB) reduced its property and development loan exposure by €2.24bn in 2012, to €22.25bn, and by €3.16bn since the transfer of €20bn of loans to NAMA in 2009, as the quality of the...
View ArticleClik here to view.
Four finalists bid for AIB’s Project River UK airport hotel loan pool
Final bids are due this week for a pool of seven syndicated senior loans by Allied Irish Bank with a nominal value of around £200m, dubbed Project River, secured by portfolio of UK airport hotels owned...
View ArticleClik here to view.
Davidson Kempner wins AIB’s Project River UK hotel loan portfolio
Allied Irish Bank has sold the circa £200m Project River UK non-performing UK airport hotel loan portfolio to Davidson Kempner Capital Management, a New York-based hedge fund, for around £140m, CoStar...
View ArticleClik here to view.
Attestor Capital-managed fund wins FGH Bank’s Project River NPL
Attestor Capital, on behalf of Trinity Investments Limited, has acquired a portfolio of defaulted loans, dubbed Project River, from FGH Bank for around €150m secured by a portfolio of offices in the...
View Article