Banco Santander (SAN) is looking to sell a portfolio of Spanish mortgages worth about 462 million euros ($498.7 million), Bloomberg News reported Wednesday, citing unnamed sources familiar with the matter.
According to Bloomberg, sources said the bank has hired Alantra Partners to advise on the deal and potential investors already received first marketing information.
Banco Santander did not immediately respond to MT Newswires' request for comment.
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