Sabadell Wants to Sell €369 Million in Non-Performing Loans

Banco Sabadell SA is seeking to sell a chunk of soured loans as the Spanish lender manages its balance sheet.

Sabadell earlier this month started marketing a portfolio of €369 million ($412 million) in unsecured loans, according to a document seen by Bloomberg and people familiar with the matter. The portfolio includes loans to roughly 66,000 clients, mainly consumers and smaller companies, according to the document.