[quote=“myboyblue, post: 857950, member: 180”]If like to categorically state, for the record, that John Delaneys cock has never been in the vicinity of my arse. Any further suggestions that it has, or allegations of a similar nature by that cum guzzler toilet licking whorehouse mopping prick Taz will lead to legal action being taken.
The Sunday Times reports today that Dermot Desmond and an American fund - KKR - have bought the FAI debt from Danske. They further report that the FAI gets a 12.5m writedown on 59m of debt while they save 20m on payments (that last piece does not make sense to me).
Can any of the financiers on here explain the deal? @Bandage perhaps?
[quote=“ciarancareyshurlingarmy, post: 883008, member: 464”]The Sunday Times reports today that Dermot Desmond and an American fund - KKR - have bought the FAI debt from Danske. They further report that the FAI gets a 12.5m writedown on 59m of debt while they save 20m on payments (that last piece does not make sense to me).
Can any of the financiers on here explain the deal? @Bandage perhaps?[/quote]
Presume the 20 less the 12.5 is the interest.