IFLR1000

Project Arch - Deutsche Bank €600 million acquisition of NAMA loan portfolio

18/9/2015
Loan portfolio sale
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€ 600 million

$ 644.861 million

Completed

18/9/2015

Overview:

  • Deutsche Bank has acquired the Project Arch loan portfolio from Ireland's National Asset Management Agency (NAMA) for approximately €600 million.
  • The portfolio consists of a range of debt linked to 70 properties including several prominent Irish hotels.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal type:

Loan portfolio sale

Practice areas:

Banking
M&A

Industry sector:

Banking

Firms:
Dillon Eustace

Party: National Asset Management Agency (NAMA) (Seller)

Lawyers: Conor Keaveny, John-Hugh Colleran, Keith Robinson

McCann FitzGerald LLP

Party: Deutsche Bank AG Na ON (Acquirer)

Lawyers: Adrian Farrell, Eamon de Valera

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