{"id":16263,"date":"2018-09-03T11:12:03","date_gmt":"2018-09-03T09:12:03","guid":{"rendered":"https:\/\/www.debitos.com\/?p=16263"},"modified":"2019-01-09T17:01:52","modified_gmt":"2019-01-09T16:01:52","slug":"bank-of-cyprus-sells-e2-7b-bad-loan-portfolio-to-apollo","status":"publish","type":"post","link":"https:\/\/www.debitos.com\/el\/news\/bank-of-cyprus-sells-e2-7b-bad-loan-portfolio-to-apollo\/","title":{"rendered":"Bank of Cyprus sells \u20ac2.7b bad loan portfolio to Apollo"},"content":{"rendered":"<p>Bank of Cyprus has announced the sale of a bad loan portfolio to Apollo Global Management LLC for a consideration of \u20ac1.4 billion. The loans are predominantly NPEs in the bank\u2019s corporate and small and midsize enterprise portfolio with a face value of \u20ac2.7 billion. The NPEs are secured with real estate collateral. According to Moody\u2019s\u00a0Monday\u2019s Credit Outlook, the sale is credit positive. <a href=\"https:\/\/cyprus-mail.com\/2018\/09\/03\/moodys-says-bank-of-cyprus-sale-of-bad-loans-credit-positive\/\" target=\"_blank\" rel=\"noopener\">Cyprus Mail<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Moody&#8217;s: &#8220;Sale is credit positive.&#8221;","protected":false},"author":11,"featured_media":15704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[130],"tags":[],"class_list":["post-16263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category--el"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/posts\/16263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/comments?post=16263"}],"version-history":[{"count":2,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/posts\/16263\/revisions"}],"predecessor-version":[{"id":16265,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/posts\/16263\/revisions\/16265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/media\/15704"}],"wp:attachment":[{"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/media?parent=16263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/categories?post=16263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.debitos.com\/el\/wp-json\/wp\/v2\/tags?post=16263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}