Spanish Lender Unloads EUR632 Mln Of Bad RE Debt
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Spanish Lender Unloads EUR632 Mln Of Bad RE Debt

Spanish lender Banco Sabadell has sold EUR632 million ($869.04 million) in bad real estate debt in two tranches, one to Aktiv Kapital of Norway and the other to Orado Investments, which is managed by U.S. hedge fund adviser Elliot Advisors.

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