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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Lloyds Banking Group PLC    LLOY   GB0008706128

Delayed Quote. Delayed  - 09/27 05:35:18 pm
54.64 GBp   +0.72%
09/26 LLOYDS BANKING : London court told of escorts and cash payments in a..
09/26 LLOYDS BANKING : *goldman cuts lloyds to 'sell' (neutral) - price ta..
09/26 *TRADERS : Goldman cuts lloyds to 'sell' (neutral)
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Lloyds Banking Group PLC : Lloyds Plans to Sell £1.2 Billion of Distressed Debt

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11/23/2012 | 03:16am CEST

Lloyds Banking Group PLC (LLOY.LN) plans to sell 1.2 billion pounds ($1.9 billion) of distressed mortgages tied to European real estate, the Financial Times reported Thursday on its website, without directly citing a source.

Lloyds has approached possible buyers about a portfolio of German commercial property mortgages with a face value of 850 million euros ($1.1 billion) to EUR900 million as part of a sale process referred to internally as Project Chamonix, the report said.

Separately, the bank is believed to be preparing to sell GBP500 million of non-performing U.K. property loans, the report said.

Lloyds declined to comment on either sale, the report said.

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Financials ( GBP)
Sales 2016 17 607 M
EBIT 2016 8 347 M
Net income 2016 3 177 M
Debt 2016 -
Yield 2016 5,75%
P/E ratio 2016 12,25
P/E ratio 2017 10,47
Capi. / Sales 2016 2,20x
Capi. / Sales 2017 2,23x
Capitalization 38 720 M
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Lloyds Banking Group PLC Technical Analysis Chart | LLOY | GB0008706128 | 4-Traders
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Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 0,66  GBP
Spread / Average Target 21%
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Managers
NameTitle
António Horta-Osório Group Chief Executive Officer & Executive Director
Norman Roy Blackwell Chairman
Karin Cook Director-Group Operations
George Mark Culmer Chief Financial Officer & Executive Director
Morteza Mahjour Group Chief Information Officer
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