(The Wall Street Journal) -- The receivers of troubled structured investment vehicle SIV Portfolio, formerly known as Cheyne Finance, have agreed to sell the $7bn (€4.8bn) portfolio of assets to Goldman Sachs as part of the SIV's restructuring, according to a statement to the Irish Stock Exchange Monday.

If successful, the deal will end months of investor uncertainty and will be the first restructuring of a stand-alone SIV. Goldman Sachs will be the restructuring's arranger and liquidity provider, according to receiver Neville Kahn of Deloitte & Touche, transferring the assets to an off-balance sheet special-purpose vehicle.