Full coverage: Debt

While the Limerick businessman is in Cheltenham watching his horses run, the UK- and Dublin-based lending arm of his family office is funding more and more property deals all over Ireland.

The Irish company accounts for one in 10MW of national data centre capacity. Its deal with Starwood Capital indicates the scale of investment involved.

Thousands of business owners breathed a sigh of relief when the Government eased the repayment terms for €1.72bn in tax liabilities parked since the pandemic but the “cheapest finance” scheme has multiple costs, too.

Wiped of billions in debt, the Irish-headquartered pharmaceutical manufacturer has been given a second clean slate in as many years. The court was told the circumstances that pushed the group into financial difficulties this time round were unlikely to recur any time soon.

Vehicles used by the US investment firm to purchase distressed Irish loans are reporting pressure from their own lenders and discounting the value of their portfolios, triggering various responses to the resulting profit squeeze.

The tax authority stopped its enforcement activity during he pandemic. However, it has been building up its debt cases again over the past 18 months, as evidenced by new data analysing Revenue’s activities over the past five years.

A vulture fund unit of Goldman Sachs invested nearly €1 billion in distressed Irish mortgages after the crash. We now have a clear view of the returns it made for the Wall Street investment bank.

Irish-founded renewables firm Mainstream is in a $313m debt dispute with Ares Management. The legal row just stepped up a notch.

After borrowing from US-managed funds, the Irish-founded renewable energy developer announced the restructuring of its projects in Chile, triggering allegations that it is trying to evade its responsibility to its lenders. Mainstream describes the allegations as "baseless" and will fight the case.

By selling the research farm touted as Ireland’s answer to climate change, the livestock nutrition and agricultural technology group is closing a symbolic chapter. But the true meaning of the decision emerges from Devenish’s debt history.