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Lloyds sells book of UK loans to Cerberus at discount – Reuters

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International Business Times UK

Lloyds sells book of UK loans to Cerberus at discount
Reuters
L) said it would sell a book of UK commercial real estate loans to U.S. hedge fund Cerberus for 352 million pounds ($589.72 million), a 34 percent discount to their gross value. The move makes Lloyds the latest European lender to offload non-core loans ...
Lloyds Bank Offloads Discounted Loans to Hedge Fund CerberusInternational Business Times UK
Lloyds Banking To Sell UK Commercial Real Estate Loans Portfolio For £352 MlnRTT News
Lloyds share price: Bank sells UK property loans portfolio at discountiNVEZZ

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