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(Visited 126 times, 1 visits today)
  • Transaction / Assets
    UTPs
  • Seller
    Banco Desio, BPER, Banca del Fucino, Cassa di Risparmio di Volterra
  • Buyer
    EY, Kryalos
  • € MM
    130

Kryalos and EY launched a new €130 mln fund for UTP investments

10 February, Il Sole 24 Ore

Kryalos launched in partnership with EY a new investment fund dedicated to unlikely-to-pay credits with a transfer of credits for a GBV of €130 million from Banco Desio, BPER Banca, Banca del Fucino and Cassa di Risparmio di Volterra. The credits are 56% real estate assets, while the remainder is backed by assets. One-third is related to residential properties, 20% to industrial assets, followed by offices and shops.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi