Lloyds sells 2.6 bln stg of Irish loans to Goldman, CarVal, BoI group

July 30, 2015 6:21 AM

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LONDON, July 30 Lloyds Banking Group said it sold a portfolio of Irish commercial loans with a face value of 2.6 billion pounds ($4.1 billion) to a consortium including Goldman Sachs and Bank of Ireland.

Lloyds said on Thursday it sold the portfolio for about 827 million pounds in cash to a consortium comprising Ennis Property Finance, which is affiliated to Goldman; Feniton Property Finance Limited, affiliated to U.S. specialist investor CarVal; and Bank of Ireland.

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