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March 18, 2020
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Japan’s MUFG takes big loss on loan to Glencore-led coal port: sources
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March 18, 2020
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Mitsubishi UFJ Financial Group (MUFG) sold off its $85 million loan to Glencore’s Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents on the dollar, two sources said.
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