Perella buys Spanish loan portfolio at 45% discount

By A staff reporter 2011-03-24T00:00:00

UK state-controlled lender Royal Bank of Scotland (RBS) has sold a portfolio of Spanish mortgage loans with a face value of EUR 290 mln to US private equity firm Perella Weinberg, PropertyEU has learned. The loan portfolio was sold for EUR 160 mln in cash, or a discount to face ...

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