21.09.2011 - Lloyds readies UK commercial property loan sale
Lloyds Banking Group PLC (LYG) is preparing to sell a GBP1 billion portfolio of commercial property loans, a person familiar with the matter said Tuesday, as the 41% state-owned bank seeks to dispose of GBP25 billion worth of commercial real-estate loans. The sale is being managed by JP Morgan Cazenove and is expected to attract interest from private equity firms and other private investment funds.............................................Full Article: Source
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