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Tuesday, May 29, 2018

Greece's Piraeus Bank to sell $1.7 billion bad loans to Bain Capital

ATHENS (Reuters) - Greece’s largest lender Piraeus Bank (BOPr.AT) said on Tuesday it had agreed to sell a 1.45 billion euro ($1.7 billion)portfolio of secured, non-performing business loans to Bain Capital Credit as part of moves to reduce its bad debts.


READ THE ORIGINAL POST AT uk.reuters.com