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Wells Fargo replaced Barclays as lender on MFS loan, Bloomberg reports

Wells Fargo (WFC) replaced Barclays (BCS) as lender on a GBP 143M property loan to a firm tied to Market Financial Solutions, with Barclays repaid shortly after it froze MFS’s accounts, Bloomberg’s Donal Griffin and Jonathan Browning report. Wells Fargo’s debt is now among the more than GBP 2B of loans tied up in the collapse of MFS, the report notes.

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