KM Financial Solutions | Cerberus in talks to take on $2.8 bln of NordLB’s ship loans -sources
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Cerberus in talks to take on $2.8 bln of NordLB’s ship loans -sources

Cerberus in talks to take on $2.8 bln of NordLB’s ship loans -sources

Buyout group Cerberus is in
exclusive talks with NordLB to take on 2.5 billion euros ($2.8
billion) of non-performing shipping loans that the German public
sector lender wants to shed ahead of a planned stake sale,
sources close to the matter said.

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