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UniCredit transferred the second tranche of UTPs to Illimity within its 600 mln € operation

13 November, Credit Village

UniCredit and Illimity Bank announced the transfer of the second tranche of UTPs as part of a broader operation totalling 600 million €. This last transfer was for a 153 million € GBV and concerned about 220 Italian SMEs. The total transacted value so far is 243 million €.

Source: Credit Village

Translator: Cristina Ambrosi