Reuters: Regulatory News: Spain Cenbank consulting with experts on toxic assets - sources

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Spain Cenbank consulting with experts on toxic assets - sources Apr 30th 2012, 15:29 MADRID, April 30 | Mon Apr 30, 2012 11:29am EDT MADRID, April 30 (Reuters) - Spain's Central Bank is consulting with international bankers and with real estate experts for recommendations on how to set up a holding company that will evaluate and sell off toxic real estate assets from the country's troubled financial sector, two sources told Reuters on Monday. The process will last a few weeks, one of the sources said. "When we have those opinions we will use them for input on the formula for the entity," the source said.

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