Spain Sets Discount for Bad Bank Assets, Seeks Investors - Businessweek

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Spain Sets Discount for Bad Bank Assets, Seeks Investors Businessweek The bad bank, known as SAREB, will apply an average discount of 46 percent to gross book value on loans to developers, the FROB rescue fund said in a presentation yesterday in Madrid. Nationalized lenders will transfer 45 billion euros of assets to the ... Spain's bad bank lures investors with steep discountsReuters Spanish 'bad bank' to pay big discountTheBull.com.au Spanish lenders face writedownsFinancial Times all 62 news articles »

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