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pbb Deutsche Pfandbriefbank provides € 72 million financing for Cerberus

pbb Deutsche Pfandbriefbank has provided a € 72 million loan to affiliated companies of Cerberus Capital Management L.P. These affiliates will use the funds to purchase a maturing mortgage loan that will subsequently be converted into a long-term real estate loan. The relevant loan agreements were signed in June 2014.…

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