IndoStar offloads corporate loan book, stocks trade 5 percent higher
IndoStar Capital shares were trading up nearly 5% at the open following the August 25 announcement that it was selling a substantial portion of its corporate loan book to Phoenix ARC. At 9:20 a.m., the stock was trading at 183.80, compared with 175.05 at the close of August 25. IndoStar’s sale includes a number of …
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