Banco Sabadell announces that it has reached an agreement to transfer two real estate portfolios
(WorldNews Spain)

Banco Sabadell has reached an agreement on the date hereof for the transfer of almost the whole of its real estate exposure to an affiliate of Cerberus Capital Management, L.P. (`Cerberus` and the `Transaction`). The real estate assets included in the Transaction have a gross book value, altogether, of circa EUR 9,100 million...