DUBLIN, Nov 12 (Reuters) - Ireland's "bad bank" will take on a last tranche of loans from struggling lenders at a 58 percent discount to face value, according to the National Treasury Management Agency (NTMA). NAMA is likely to pay 30.7 billion euros for a final consideration of 73.6 billion euros, representing a 58 percent discount, NTMA in a statement. Dublin set up the National Asset Management Agency (NAMA) last year to cleanse lenders such as Bank of Ireland and Allied Irish Banks of shaky property loans with a total nominal worth of 81 billion euros. (Dublin newsroom) Keywords: IRELAND NAMA/ (email@example.com;Reuters Messaging: firstname.lastname@example.org) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.