Australia & New Zealand Banking Group Ltd. is seeking to sell A$495 million ($489 million) of loans owed to it by Centro Properties Group, according to two people familiar with the matter.
Australia?s third-biggest bank by market value may sell the debt as soon as today, the people said, asking not to be named as the details are private. ANZ Bank declined to comment, according to an e-mailed statement from the Melbourne-based lender.
To contact the reporter on this story: Sarah McDonald in Sydney at [email protected]; Angus Whitley at [email protected]
To contact the editor responsible for this story: Will McSheehy at [email protected]; Philip Lagerkranser at [email protected]
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