Ireland’s National Asset Management Agency (NAMA) will pay back €250 million of bonds or senior securities in the next few weeks, The Wall Street Journal reports. Until now, NAMA has issued €28.6 billion of senior securities as consideration to the participating institutions. NAMA has recovered its investment on a bank loan with the sale of Dublin’s tallest commercial office building by Real Estate Opportunities to Google for €99.9 million. NAMA also approved the repayment of €49 million to the Minister for Finance on Feb. 17, 2011 and also authorized advances of €592 million for working capital purposes and to enable developments to be brought to completion.
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