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Bain’s Sankaty and Starwood snap up Spanish loan portfolio

The credit arm of global buyout firm Bain Capital and real estate-focused investor Starwood Capital have bought a large portfolio of loans from Bankia

The credit arm of global buyout firm Bain Capital and real estate-focused investor Starwood Capital have bought a large portfolio of loans from Bankia, Spain’s largest nationalised bank.

Bain's Sankaty Advisors said on Friday that it has acquired a portfolio of secured and unsecured loans through a controlled affiliate, alongside Starwood.

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