College Loans Consolidation

(AFX UK Focus) 2010-04-01 18:05 UPDATE 1-United Community to sell bad loans, gets financing deal
BANGALORE, April 1 (Reuters) – United Community Banks Inc said it will sell $100 million worth of bad loans and other real-estate owned assets, representing a quarter of its total non-performing assets, to Fletcher International Ltd, sending its shares up 12 percent. United also said it agreed with Fletcher for a $65 million capital facility under which Fletcher has the right to buy United’s …

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