Transaction / Assets Non-Performing LoansSeller MPSBuyer Intrum, Amco, Illimity€ MM 900
Intrum, Amco and Illimity acquired NPLs from Mps for €900 mln
05 August, Finance Community
Following a tender to acquire NPLs amounting to €900 million originated from MPS (Banca Montepaschi di Siena), Intrum got €365 million (primarily unsecured loans), Amco bought non-performing loans for €208 million, and Illimity acquired corporate loans for €340 million. The operation will be completed by Q4 2022.
Source: Finance Community
Translator: Cristina Ambrosi