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Banks close painful Citrix debt chapter with $700 mln loss -source

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Banks close painful Citrix debt chapter with $700 mln loss -source

Wall Street banks completed the sale of $8.55 billion in loans and bonds backing the leveraged buyout of business software company Citrix Systems Inc by accepting a $700 million loss, a person familiar with the matter said on Wednesday.

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Banks close painful Citrix debt chapter with $700 mln loss -source

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Banks close painful Citrix debt chapter with $700 mln loss -source

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