(Visited 26 times, 1 visits today)
(Visited 26 times, 1 visits today)
  • Transaction / Assets
    Three NPL portfolios
  • Seller
  • Buyer
    Illimity Bank
  • € MM

Illimity Bank bought NPLs for over 340 million euro

26 July, Finanza Online

Illimity Bank has recently announced to have completed the acquisition of three separate NPL portfolios for a total GBV of 340 million euro.

The first portfolio was acquired from UniCredit; it amounts to 240 million euro and consists of unsecured corporate credits. The second portfolio was bought for 80 million euro, and it mainly consists of leasing credits. The third operation has a nominal value of 23 million euro and is composed of corporate loans backed by logistics assets.

Source: Finanza Online

Translator: Cristina Ambrosi

(Visited 26 times, 1 visits today)

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