| Societe Generale SA, France’s second-largest bank, agreed to sell $600 million of commercial property loans to Macquarie Group Ltd. (MQG) as the lender pares assets.
The loans consist of mortgages from across the U.S., according to people familiar with the transaction, who declined to be identified because the terms are private. The portfolio is separate from distressed European loans the Paris-based lender is offloading, the people said...............................................Full Article: Source
|