Pimco Said to Near Purchase of €450 Million in CaixaBank Loans

Pacific Investment Management Co. is set to sign an agreement to buy a Spanish mortgage portfolio worth about €450 million ($525 million) from CaixaBank SA, according to people familiar with...

By Jorge Zuloaga, Esteban Duarte · Bloomberg Markets

Pacific Investment Management Co. is set to sign an agreement to buy a Spanish mortgage portfolio worth about €450 million ($525 million) from CaixaBank SA, according to people familiar with the matter.