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We won't suffer anymore then we allready do ....

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  • 26-11-2001 10:35am
    #1
    corkie
    Registered Users Posts: 7,454 ✭✭✭


    ...because of the of a poor take-up by sub-underwriters of the
    Valentia syndicated €2.4 billion (£1.89 billion) loan paper.

    Well according to a unnamed Valentia spokesperson in the Irish Times.
    A Valentia spokesman yesterday dismissed weekend reports that Eircom consumers and employees would suffer because of a poor take-up by sub-underwriters of the consortium's syndicated €2.4 billion (£1.89 billion) loan paper.

    "The deal (to raise the loan finance) has been done. It is completed and in place. There are no problems whatsoever. There have been no changes in the terms or the structure of the loans," he said.
    Read more about the extra payments to directors of eircom
    for the extra work involved in selling the company to the Valentia consortium.

    Something for the Government to boost about:-
    Ireland best for e-government in the EU
    It is a pitty that you have to live outside Ireland to utilise the services affordably.


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