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(Visited 73 times, 1 visits today)
  • Transaction / Assets
    NPL portfolio
  • Seller
    Carige
  • Buyer
    Amco
  • € MM
    2800

Carige sold NPLs for 2.8 billion to Amco

23 December, Bebeez

Carige transferred NPLs for 2.8 billion euro to the Italian Treasury-owned Amco (former SGA) in the bailout process of the bank. The portfolio is composed for 60% of UTPS, including some large single name holdings, and bad loans for the remainder.

Source: Bebeez

Translator: Cristina Ambrosi