Tag Archives: Marcol

Marathon pays €400m for Project Chamonix as Lloyds readies Project Thames UK NPL

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Marathon Asset Management, the US hedge fund, has paid €400m for Lloyds Banking Group’s Project Chamonix non-performing loan portfolio (NPL), reflecting a 52.9% discount to par value. Goldman Sachs’ Special Situations Fund and Cerberus Capital Management were understood to have … Continue reading

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