Noonan under fire over Anglo debt

Michael Noonan

INFORMATION made available by the Department of Finance to Fianna Fáil Spokesperson on Public Expenditure & Reform Michael McGrath TD has revealed that five days after announcing his intention in the US to impose losses on unsecured, unguaranteed Anglo bondholders, Minister Michael Noonan repaid €14 million of such bonds in full.

In addition, another €36 million of unsecured, unguaranteed senior bonds in Anglo fall due between now and the end of September.

A bond of €12 million falls due today and will be repaid.

 

 

 

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