DebtX to sell EUR 138m European non-performing loans

DebtX, the Boston-based loan sale adviser, has announced it is selling EUR 138 mln in non-performing loans from three financial institutions in Germany and Italy. The company said it will sell EUR 94 mln in non-performing loans secured by commercial real estate located throughout Germany on 23 April. On 14 May, DebtX will sell EUR 14 mln in non-performing loans secured primarily by residential real estate in East Germany.

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