Transaction / Assets Non-performing loansSeller Intesa Sanpaolo, Ubi, BperBuyer Intrum, Deva€ MM 1900
Intrum acquired NPLs for 1.9 bln €
03 August, Milano Finanza
Intrum had completed NPL operations on the Italian market amounting to 1.9 billion € in total. Together with Deva Capital (Santander Group), Intrum acquired a leasing portfolio from Intesa Sanpaolo Provis and Ubi Leasing for a nominal value of 1.1 billion €, consisting of secured loans backed by approximately 750 assets.
Deva Capital and Intrum had also entered an agreement to acquire from Intesa Sanpaolo a secured loans portfolio towards SMEs with a nominal value of around 610 million €.
Finally, Intrum acquired from Intesa Sanpaolo and Bper an unsecured consumer credit portfolio with a nominal value of approximately 225 million €.
Source: Milano Finanza
Translator: Cristina Ambrosi