Alex Catalano
.jpg?id=19327356986 "Study: European loan trades to peak at €100bn this year")
Up to half is expected to be real estate, the PwC annual market estimates.
The sale is part of a wider disposal of €5 billion in non-core assets.
The Spanish bad bank had to write down €719 million of loans, almost 90 percent of which were unsecured.
The nationalised lender is also off-loading Project Wind, a €1.3 billion portfolio of mixed assets including developer and SME loans.
Insurer’s second debt product targets around £250m.
.jpg "UK real estate debt demand hits post-crisis high")
Most debt requested is short-term meaning demand for longer-term non-bank debt is muted.
.jpg "L&G makes first healthcare loan")
The 10-year fixed rate loan to LNT Group, which operates Ideal Carehomes, is L&G's first healthcare debt investment.