UniCredit closes $20 bln bad loan sale with Fortress, Pimco
July 17, 2017 at 12:28 PM EDT
MILAN, July 17 (Reuters) - Italian bank UniCredit has signed a final agreement with U.S. funds Fortress and Pimco on the sale of bad loans worth 17.7 billion euros ($20 billion) in Italy's biggest such deal so far.
