UniCredit Sells EUR840 Million Bad-Loan Portfolio
22 Luglio 2020 - 03:14PM
Dow Jones News
By Pietro Lombardi
UniCredit SpA is selling a portfolio of nonperforming loans with
a claim value of about 840 million euros ($968.4 million).
The Italian bank said Wednesday that the portfolio is made of
Italian small-and-medium enterprise nonperforming unsecured loans
and the impact of the sale is already included in the
second-quarter results.
Banca IFIS SpA has bought part of the portfolio, with claim
value of about EUR486 million. The remaining portion was acquired
by GAIA SPV, a securitization vehicle controlled by Barclays PLC
and Guber Banca SpA.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com;
@pietrolombard10
(END) Dow Jones Newswires
July 22, 2020 08:59 ET (12:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Grafico Azioni Banca IFIS (BIT:IF)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Banca IFIS (BIT:IF)
Storico
Da Mar 2023 a Mar 2024
Notizie in Tempo Reale relative a Banca IFIS Spa (Borsa Italiana): 0 articoli recenti
Più Banca Ifis Articoli Notizie