Lloyds seeks Pittlane buyers

US investment firms Lone Star Funds and Kennedy-Wilson Holdings Inc are among bidders for parts of about €2 billion of mainly…

US investment firms Lone Star Funds and Kennedy-Wilson Holdings Inc are among bidders for parts of about €2 billion of mainly Irish real estate loans Lloyds Banking Group Plc is selling, two people with knowledge of the matter said.

The UK’s second- biggest government-aided bank attracted bids of 10 to 15 cents in the euro for the so-called Pittlane portfolio, which is being sold in two pieces.