Santander Landlord Seeks Delay in RBS Interest-Rate Swaps SuitBy
Marme Inversiones owes about 700 million euros, banks say
Property owner says benchmark rigging means swaps are invalid
The owner of Banco Santander SA’s Madrid headquarters asked a London judge to delay a dispute with Royal Bank of Scotland Group Plc and other lenders who are seeking about 700 million euros ($798 million) from interest-rate swaps linked to the 1.9 billion-euro acquisition of the Ciudad Financiera complex.
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