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German Bad Bank Sells U.S. Loans With $1.2 Billion Nominal Value – Bloomberg

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German Bad Bank Sells U.S. Loans With $1.2 Billion Nominal Value
Bloomberg
FMS Wertmanagement, the bad bank formed by Germany to wind down failed lender Hypo Real Estate Holding AG, sold U.S. property loans with a nominal value of $1.2 billion. The transaction reduces FMS's U.S. portfolio to $800 million, the Munich-based ...
UPDATE 1-Bad bank sells $1.2 bln property loans to Deutsche Bank-sourcesReuters

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