The US investment fund has sold Haya Titualcion to Beka Finance in its attempt to clean up its solvency crisis.

Beka Finance acquires Haya Real Estate´s platform that manage debt: Haya Titulacion (23.2 billion euros under management) after reaching an agreement with the US investment fund Cerberus.

Beka Finance will carry out a capital increase of 100 million euros to finance the deal.

Haya Real Estate securitised €200 billion worth of mortgage debt, consumer loans, credit cards, SME financing and future credit claims.

You can read the full news in brainsre.news

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