Alpha Bank in talks with Cerberus, PIMCO to sell $11 bln of bad loans - sources
June 16, 2020 at 14:49 PM EDT
Greece's Alpha Bank is in talks with at least five U.S. investment firms including Cerberus and PIMCO in a fresh attempt to offload a portfolio of bad debt worth more than 10 billion euros ($11.3 billion), two sources told Reuters.
