IFLR1000

Project Griffin - Bank of Ireland/Goldman Sachs €540 million Danske Bank loan portfolio

23/4/2015
Loan portfolio sale
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€ 540 million

$ 581.017 million

Completed

23/4/2015

Overview:

  • Bank of Ireland and Goldman Sachs have acquired the Project Griffin portfolio of loans from Danske Bank for €540 million.
  • The portfolio consists of SME, agricultural and commercial real estate loans.
  • The deal is part of Danske Bank's wind down of its non core division.

Sam Duke - Editor

Jurisdiction:

Ireland

Deal type:

Loan portfolio sale

Practice areas:

Banking
M&A

Industry sector:

Banking

Firms:
Arthur Cox

Party: Bank of Ireland (Acquirer)

Lawyer: Kevin Lynch

Dillon Eustace

Party: Goldman Sachs (Acquirer)

Lawyers: John-Hugh Colleran, Keith Robinson

Matheson LLP

Party: Danske Bank (Seller)

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