Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans – sources
Greece’s Alpha Bank
is in talks with at least five U.S. investment firms
including Cerberus and PIMCO in a fresh attempt to offload a
portfolio of bad debt worth more than 10 billion euros ($11.3
billion), two sources told Reuters.
is in talks with at least five U.S. investment firms
including Cerberus and PIMCO in a fresh attempt to offload a
portfolio of bad debt worth more than 10 billion euros ($11.3
billion), two sources told Reuters.
Posted by Reuters
