• Transaction / Assets
  • Seller
  • Buyer
  • € MM

Sareb sells credits from Metrovacesa to Bank of America for 80 million Euros.

Sareb has sold two bilateral loans from the real estate company Metrovacesa to Bank of America for 80,5 million Euros, as informed by two sources informed of the operation. (…) For the moment, official sources from Bank of America and Sareb have declined any comments.

With this transaction, Sareb has been able to sell a total 880 million Euros of its portfolio of loans from the great real Spanish real estate companies, including Metrovacesa, Realia or Colonial.(…)

 

Source: Expansión