Credit Suisse Sells $478M Loan Portfolio

Credit Suisse is seeking to sell a $478 million portfolio of project finance loans.

Credit Suisse is seeking to sell a $478 million portfolio of project finance loans, Reuters reports. The Swiss lender is offering the loan portfolio in the European secondary loan trading market. Bank of Ireland has also appointed Deutsche Bank to sell $4.3 billion of U.K. infrastructure assets. Portugal’s Banco Espirito Santo placed $3.74 billion of loans up for sale last month.

Click here for the story from Reuters.