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BRIEF-Danske Bank sells portfolio of Irish mortgage loans to Goldman Sachs fund
October 25, 2017 / 11:58 AM / 25 days ago

BRIEF-Danske Bank sells portfolio of Irish mortgage loans to Goldman Sachs fund

Oct 25 (Reuters) - DANSKE BANK‘S IRISH UNIT SAYS

* CONFIRMS IT HAS ENTERED INTO A BINDING CONTRACT FOR THE SALE OF A PORTFOLIO OF PERFORMING IRISH MORTGAGE LOANS TO PROTEUS FUNDING DAC, AN ENTITY FINANCED BY GOLDMAN SACHS

* THE SALE PRICE IS UNDISCLOSED

* CUSTOMER AGREEMENTS ARE UNAFFECTED BY THE TRANSFER

* THE CENTRAL BANK OF IRELAND HAS BEEN ADVISED OF THE TRANSACTION FURTHER COMPANY COVERAGE: (Copenhagen newsroom)

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