McALeer & Rushe strikes Nama debt deal

May 2012
EG: Estates Gazette;5/26/2012, Issue 1221, p33
Trade Publication
The article reports that McAleer & Rushe Ltd. has agreed a deal with the Ireland's bad bank Nama to purchase the debt backing an undeveliped office scheme close to Leeds, England station. It says that McAleer & Rushe supported that a portion of its 61 million pounds of borrowings had been transferred to Nama. It also mentions that the purchase of loans gives the company an exclusive control on the site.


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