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RPT-Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans - sources

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. [Source]

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Origin: reuters.com

Category: companyNews

Topics: sources, PIMCO, Cerberus, talks, Reuters, 3 billion), euros, billion, worth, a portfolio, offload, attempt, fresh, firms including, investment, least, Bank is, Alpha, Greece's, loans, RPT-Alpha

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/354rh9cRmAU/rpt-alpha-bank-in-talks-with-cerberus-pimco-to-sell-11-bln-of-bad-loans-sources-idUSL8N2DT64R