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Liberbank agrees NPL sale to Bain Capital Credit/Oceanwood

Liberbank has signed a binding agreement, following a competitive process, to set up a company with Bain Capital Credit and Oceanwood to manage, develop and dispose of a portfolio of real estate foreclosed assets of Liberbank and its group, in which Liberbank will hold, directly or indirectly, 9.99% of the capital.
By James Buckley
October 23, 2017 | 1:55 P.M.

Bain Capital Credit will hold 80% of the capital and Oceanwood will hold the remaining 10.01%.

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