Mars Capital Finance Ireland DAC entered into an agreement to acquire Non Performing Loan Portfolio of AIB Group plc (ISE:A5G) for approximately €400 million on February 19, 2021. Under the terms, the consideration will be paid on completion. The proceeds will be used for general corporate purposes including the continuation of support for customer restructuring. The sale is expected to be capital accretive due to the reduction in RWAs in addition to alleviating the negative impact of calendar provisioning associated with this long-term NPE portfolio. Mars Capital Finance Ireland DAC completed the acquisition of Non Performing Loan Portfolio of AIB Group plc (ISE:A5G) on October 14, 2021. At completion, AIB will receive cash consideration of approximately €0.4 billion. The proceeds will be used for general corporate purposes, including the continuation of support for customer restructuring.