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Spanish owners of Gecina file for bankruptcy - source

MADRID, Oct 3 (Reuters) - Two Spanish investment firms with a combined 31 percent stake in French property company Gecina

have filed for bankruptcy on 1.6 billion euros ($2.1 billion) of debt, a source with knowledge of the matter said on Wednesday.

The bankruptcy proceedings follow failure by the two firms, Alteco and MAG Import, to refinance a syndicated loan.

Newspaper El Pais said Banco Popular , Bankia , NCG Banco, France's Natixis and the Royal Bank of Scotland are the banks with the most exposure to the syndicated loan. ($1 = 0.7731 euros)

(Reporting By Carlos Ruano; Writing by Tracy Rucinski; Editing by Calre Kane)

((tracy.rucinski@thomsonreuters.com; +34 91 585 2153; Reuters Messaging: tracy.rucinski.thomsonreuters.com@reuters.net))

Keywords: SPAIN GECINA/BANKRUPTCY