FirstBank Hires Mission Capital to Sell Distressed Debt Portfolio

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FirstBank Hires Mission Capital to Sell Distressed Debt Portfolio

November 20, 2014

Source: Wall Street Journal

FirstBank has put a mostly real estate portfolio with a face value of $443 million on the block. The San Juan-based bank has hired Mission Capital Advisors to market the portfolio, which consists of about 531 loans to 289 different borrowers.

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