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(Visited 135 times, 1 visits today)
  • Transaction / Assets
    Non-Performing Loans
  • Seller
  • Buyer
    Intrum, Amco, Illimity
  • € MM

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