Cinda plans to securitize US$604 million in bad loans

November 30, 2006 | BY

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Cinda Asset Management plans to securitize US$604 million of Bank of China's bad loans, reports the Financial Times. Cinda is a state-owned firm that specializes…

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Cinda Asset Management plans to securitize US$604 million of Bank of China's bad loans, reports theFinancial Times. Cinda is a state-owned firm that specializes in handling bad debts