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Sale of a shipping loan portfolio amounting to EUR 2.6 billion closed

10.04.2019 – NORD/LB Norddeutsche Landesbank successfully completed the sale of a EUR 2.6 billion shipping loan portfolio ("Big Ben" transaction) to an affili-ate of Cerberus Capital Management, L.P., a global alternative investment manager. The transaction was closed on 9 April, in accordance with the signing of the purchase agreement dated February 2019.

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Further press releases

>04.04.2019 – Clarity regarding NORD/LB’s future direction

>20.03.2019 – NORD/LB and BayWa r.e. close financing for three Italian 66 MW wind farms

>01.03.2019 – NORD/LB successfully places two own issues on the capital market

>07.02.2019 – Project financing by NORD/LB underpins energy transition and digitization

>02.02.2019 – NORD/LB welcomes DSGV model


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