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Anglo Irish UK loans sold

Anglo Irish Bank’s liquidators have sold the collapsed institution’s €7.3bn (£6bn) UK loan portfolio.

 

The loans were originally issued to UK mortgage holders and commercial property developers. Lone Star is believed to be the biggest single purchaser. The rest were thought to have been sold to a consortium including Sankaty Advisors and Canyon Capital. Terms were not disclosed.

 

27/02/14 Financial Times 25
Times 34

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