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Thu 10 Oct 2009Private investors to own more than 50% of Nama's loans
ANALYSIS:A separate company will buy and manage Nama’s debts to avoid a breach of EU rules
PRIVATE INVESTORS will own more than half of Nama’s (National Asset Management Agency) property loans, but the taxpayer will guarantee 95 per cent of their purchase price, under the scheme that the Government intends using to keep the €50 billion liability off the State’s books.
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