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Eurocastle Investment seals financing of €675M nonperforming loan portfolio

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Eurocastle Investment seals financing of €675M nonperforming loan portfolio

Eurocastle Investment Ltd. completed the financing of a doBank SpA-managed portfolio containing roughly €675 million in nonperforming loans.

The U.K.-based property company received around €17.2 million in net proceeds after costs and reserves, equating to about 58% of the equity invested.