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Provider: Stock Traders Daily
Provider: Pechala's Reports
Provider: Ford Investor Services, Inc.
Provider: Stock Traders Daily

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Banco Santander SA Sells EUR 300 Million in Consumer Credits to Elliott Management Corp-Dow Jones

Wednesday, 6 Mar 2013 07:31pm EST 

Dow Jones reported that Banco Santander SA (Santander) has sold EUR 300 million ($389 million) worth of bad loans to the United States investment fund Elliott Management Corp. The price paid by the fund totals EUR 12 million, which represents a 96% discount to the consumer-credit portfolio sold by Santander. 

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0.15 +1.71%
24 Oct 2014