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Friday, May 27, 2022

Clock ticking as Johnny Ronan rushes to fund estate rescue plan

Developer Johnny Ronan is understood to have just a few weeks to secure fresh financing from receivers to get his property empire back.

Ronan, the founder and chairman of Ronan Group Real Estate, is believed to be in talks with a domestic bank to refinance the €142m outstanding debt the company was due to repay in January to M&G Investments.

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