June 28 (Reuters) - TFS Corporation Ltd (TFC) :
- Tfs finalises sale of part of its loan book
- Announced the signing of agreements to sell a portfolio of loans and receivables
- Under the terms of the loan sale agreements, non-performing loans will be re-purchased by the company
- Tfs has established two new on-going funding programs that enable the company to elect to divest loans written in future Plantation sales seasons
- Loans and receivables with a book value of $25 million for cash proceeds of $24 million
