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(Visited 118 times, 1 visits today)
  • Transaction / Assets
    Non-performing loans
  • Seller
    Intesa Sanpaolo, Ubi, Bper
  • Buyer
    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