We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Lloyds Banking Group Plc | NYSE:LYG | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.005 | 0.19% | 2.605 | 2.61 | 2.5801 | 2.59 | 365,573 | 14:57:18 |
(Adds statement by Bank of Ireland.)
By Ian Walker
LONDON--Lloyds Banking Group PLC (LLOY.LN) said Thursday it is selling a portfolio of Irish commercial loans for 827 million pounds ($1.29 billion), which will be used for general corporate purposes.
The 15% U.K. government-owned bank said the sale won't have a material impact on the group, but will be capital accretive.
Lloyds is selling the portfolio, which has gross assets of about GBP2.6 billion, to a consortium comprising Ennis Property Finance Ltd., an entity affiliated to Goldman Sachs Group Inc (GS); Feniton Property Finance Ltd., an entity affiliated to CarVal; and Bank of Ireland.
Separately Bank of Ireland said it will be buying 200 million euros ($220 million) of performing commercial loans, comprising over 650 customers in the small- and medium-size business and commercial real estate sectors.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Lloyds Banking Chart |
1 Month Lloyds Banking Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions