Cerberus in talks to take on $2.8 bln of NordLB’s ship loans -sources
13 Nov Cerberus in talks to take on $2.8 bln of NordLB’s ship loans -sources
Posted at 10:13h
in
News
by KMFSLLP
Buyout group Cerberus is in
exclusive talks with NordLB to take on 2.5 billion euros ($2.8
billion) of non-performing shipping loans that the German public
sector lender wants to shed ahead of a planned stake sale,
sources close to the matter said.
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