Pimco

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Austrian finance minister Hans Jörg Schelling said said the creditors of the Heta (formed to wind down Hypo) would not receive another offer. Photograph: Lisi Niesner/EPA
Austria stands firm after creditors reject offer to buy back bonds

Austria’s finance minister said creditors in a failed regional lender would not get better terms after they rejected a proposal to buy back their bond(...)

Nama chairman Frank Daly has accused a Northern Assembly committee of making ‘unsubstantiated and unfounded’ claims in a report on the State body’s controversial Project Eagle sale. File photograph: Cyril Byrne/The Irish Times
Nama chair rejects ‘unfounded’ claims about €1.6bn sale

Nama chairman Frank Daly has accused a Northern Assembly committee of making “unsubstantiated and unfounded” claims in a report on the State body’s co(...)

In March 2014 Nama found that Pimco had agreed to pay £5 million each to Frank Cushnahan, who had resigned from Nama’s Northern Ireland Advisory Committee the previous November, US lawyers Brown Rudnick and Belfast solicitors, Tughans.
The questions that Project Eagle players must answer

The National Asset Management Agency (Nama), US companies Cerberus and Pimco, and the Minister for Finance, Michael Noonan, all came under fire this w(...)

It is “unclear” why Michael Noonan did not instruct Nama to “suspend the sales process” for its Northern Irish portfolio when it learned of “proposed fee arrangements” in place, a Stormont inquiry has found. File photograph: Alan Betson/The Irish Times
‘Unclear’ why Noonan did not tell Nama to halt NI sales process

It is “unclear” why Minister for Finance Michael Noonan did not instruct Nama to “suspend the sales process” of its portfolio in the North when it lea(...)

Vodafone’s Irish headquarters comprise 263,000 square feet and generates a rent of €7.3 million per annum for Green
Vodafone agrees revised lease deal on Dublin HQ with Green Reit

Vodafone Ireland, the single largest tenant at the Central Park commercial development in Leopardstown, Dublin, has agreed to a renegotiation on its l(...)

The Lalco land in Sandyford has a particularly high profile at the entrance to Central Park, which is widely acknowledged as Dublin’s best suburban office park.
Sandyford site sold for €110m in 2006 on market at €9m

Almost 10 years after several development sites in the Sandyford area of south Dublin sold for more than €20 million an acre, one of them is about to (...)

The Stormont inquiry is one of a number of ongoing examinations of the Project Eagle sale. Photograph: Getty Images
Stormont committee to ask Nama for clarification of Frank Cushnahan meetings

The Stormont inquiry investigating the £1.2 billion (€1.7bn) sale of Nama’s former loan portfolio in the North plans to write to the agency to seek cl(...)

Nama’s former Northern Ireland advisor Frank Cushnahan had a “litany of conflicts of interest”, according to the chairman of the Stormont inquiry into the sale of the Nama portfolio in the North.
Frank Cushnahan had ‘litany of conflicts of interest’

Nama’s former Northern Ireland advisor Frank Cushnahan had a “litany of conflicts of interest”, according to the chairman of the Stormont inquiry into(...)

Former British prime minister Gordon Brown has taken on a job at global investment firm, Pimco. The ex-Labour leader will advise on economic and political issues, the company announced. (Photograph: Danny Lawson/PA Wire)
Gordon Brown joins Pimco advisory board

The bond investing firm Pacific Investment Management Co (Pimco) has named two former central bank chiefs and a former British prime minister to sit (...)

Northern Ireland’s former finance minister Sammy Wilson said that he respected Frank Cushnahan and still “counted him as a friend”.
Cushnahan did ‘sterling job’, Wilson tells inquiry

Nama’s former Northern Ireland advisor, Frank Cushnahan, did a “sterling job” on behalf of the North, according to a former finance minister who main(...)

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