CORRECTED-Ireland's bad bank to take loans at 58 pct discount

DUBLIN, Nov 12 (Reuters) - Ireland's "bad bank" will take on on all eligible loans from struggling lenders at an estimated 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 73 billion euros, down from an original estimate of 81 billion. (Dublin newsroom) Keywords: IRELAND NAMA/ (;Reuters Messaging: COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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