Term Sheet: Lloyds’ retail recapitalisation, Nexity’s deleveraging efforts, Fitch’s credit risk warning

UK bank Lloyds is in the frame to provide a major loan as part of a prime shopping centre recapitalisation plan; French firm Nexity sells its real estate management business as it pays down its debts; rating agency Fitch highlights contagion risk from commercial real estate losses, led by offices; and more in today's briefing, exclusively for our valued subscribers.

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