{"id":14248,"date":"2010-04-27T15:25:00","date_gmt":"2010-04-27T13:25:00","guid":{"rendered":"https:\/\/paragon-sa.ch\/?post_type=transaction&#038;p=14248"},"modified":"2023-06-08T11:22:38","modified_gmt":"2023-06-08T09:22:38","slug":"london-loan-deal","status":"publish","type":"transaction","link":"https:\/\/paragon-sa.ch\/fr\/transaction\/london-loan-deal\/","title":{"rendered":"UK Distressed Debt Deal"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Non-performing loans from a major UK banking institution<\/h2>\n\n\n\n<p class=\"has-text-color\" style=\"color:#6a6b75\">As part of the European management team, Michael Wolfson was a minority investor in Westcore&#8217;s first foray into the debt acquisition market.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#6a6b75\">In 2010, two loans were acquired, secured against fully leased office buildings in central London, with combined face values over 100 million pounds.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#6a6b75\">The loans were subsequently repaid, ahead of schedule, providing investor returns significantly outperforming underwriting.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the European management team, Michael Wolfson was a minority investor in Westcore&#8217;s first foray into the debt acquisition market. <\/p>\n<p>In 2010, two loans were acquired, secured against fully leased office buildings in central London, with combined face values over 100 million pounds. <\/p>\n<p>The loans were subsequently repaid, ahead of schedule, providing investor returns significantly outperforming underwriting. <\/p>\n","protected":false},"featured_media":14284,"template":"","format":"standard","_links":{"self":[{"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/transaction\/14248"}],"collection":[{"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":1,"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/transaction\/14248\/revisions"}],"predecessor-version":[{"id":14876,"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/transaction\/14248\/revisions\/14876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/media\/14284"}],"wp:attachment":[{"href":"https:\/\/paragon-sa.ch\/fr\/wp-json\/wp\/v2\/media?parent=14248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}