Market Chatter: Goldman Sachs to Acquire $533 Million in Spanish Mortgages From Santander

MT Newswires Live07-17

Goldman Sachs (GS) has agreed to acquire about 460 million euros ($533.1 million) in Spanish mortgages from Banco Santander (SAN), Bloomberg reported Thursday, citing people familiar with the matter.

The US bank is buying the loans along with other investors, including Pacific Investment Management, sources told Bloomberg.

Goldman declined to comment when contacted by MT Newswires. Banco Santander and Pacific Investment Management did not immediately respond to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 714.53, Change: +5.71, Percent Change: +0.81

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