HBOS forced to inject capital in Kenmore JV - report

By A staff reporter 2008-11-25T00:00:00

UK banking giant Halifax Bank of Scotland (HBOS) has helped shore up the capital structure of its real estate partner Kenmore Property Group, after a £500 mln (EUR 589 mln) UK joint venture failed to meet debt payments due to a drop in the value of UK property, the Financial ...

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