Home>Topics>>Flagstar to sell commercial loan portfolio to CIT for about $780 mln
Flagstar to sell commercial loan portfolio to CIT for about $780 mln
Reuters: Bonds News
Wed, 2 Jan 2013
Jan 2 (Reuters) - U.S. Midwestern regional bank Flagstar Bancorp Inc said it will sell a substantial portion of its Northeast-based commercial loan portfolio to CIT Group Inc for about $780 million...
The T. Rowe Price High-Yield manager discusses the firm's investment in the debt of companies emerging from bankruptcy, including Lyondell, GM, and CITGroup .