Summary
ROYAL Bank of Scotland confirmed yesterday that a leading player in the troubled US sub-prime lending market has a dollars 1 billion (GBP 517m) loan facility with the bank.
The revolving credit facility is to Fremont General Corporation and is from Greenwich Capital Financial Products, an RBS subsidiary.See the full content of this document
Extract
Rbs in Dollars 1bn Sub-Prime Deal
Fremont General saw its shares crash a third nearly a fortnight ago when the group sa...
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