Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans – sources
15 Jun Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans – sources
Posted at 18:49h
in
News
by KMFSLLP
Greece’s Alpha Bank
is in talks with at least five U.S. investment firms
including Cerberus and PIMCO in a fresh attempt to offload a
portfolio of bad debt worth more than 10 billion euros ($11.3
billion), two sources told Reuters.
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