Finance Ireland seeks to raise €230m in funding
Published 20/07/2015 | 07:44
Financial services group Finance Ireland, which is led by former Irish Permanent boss Billy Kane, wants to raise €230m in equity and debt to fund growth and SME lending.
Mr Kane told the Irish Times that the funding would also "build out" its agri-leasing activities.
The company hopes to complete the deal by the end of the summer.
Most of the money, €200m, would be debt, while €30m would be equity, the Irish Times reports. International groups are expected to provide the money.