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SC Lowy acquires non-performing loans from Monte dei Paschi

Hong Kong-based fixed income specialist SC Lowy has described the deal to buy the bad loans portfolio of Italy’s Banca Monte del Paschi di Siena as the largest Italian shipping debt transaction

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SC Lowy says the portfolio of defaulted shipping debt comprises dry bulk shipping, crude oil carriers, an offshore support vessel and non-performing shipping loans with a total gross book value of $160m

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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