International Business Times UK
Lloyds sells book of UK loans to Cerberus at discount
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 Cerberus
Lloyds Banking To Sell UK Commercial Real Estate Loans Portfolio For £352 Mln
Lloyds share price: Bank sells UK property loans portfolio at discount