PropertyEU

Metrovacesa HQ deal creates problems for HSBC

By A staff reporter 2007-09-03T00:00:00

Having sold its headquarters building in London's Canary Wharf to Metrovacesa for £1.1 bn (EUR 1.6 bn) early this summer, HSBC bank is still burdened with an £800 mln (EUR 1.2 bn) short-term loan that it made to the Spanish property company to enable them to complete the deal. HSBC ...

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