(Visited 68 times, 1 visits today)
(Visited 68 times, 1 visits today)
  • Transaction / Assets
    NPL portfolio
  • Seller
  • Buyer
  • € MM

Volksbank sold an NPL portfolio for 141 million

03 October, Azienda Banca

The law firm Nctm assisted Banca Popolare dell’Alto Adige S.p.A. (“Volksbank”) for the transfer of an NPL portfolio for a value of about 141 million euro, mainly composed of credits originated in the region of Veneto, for large part backed by commercial properties. The portfolio went to Tiberius SPV S.r.l., whose investors are the funds AnaCap, with the support of Paul Hastings LLP.

The Nctm team was coordinated by da Stefano Padovani, Giovanni de’ Capitani and Matteo Gallanti, with the coordination of Martina Marmo, Bianca Macrina and Alessandra Pirozzolo.

The Paul Hastings team was coordinated by Lorenza Talpo with the collaboration of Gabriella Abbattista and Desirée Catalano, while Patrizio Braccioni followed the legal matters.

Source: Azienda Banca

Translator: Cristina Ambrosi

(Visited 68 times, 1 visits today)

Read more:
Kryalos sold building in Turin for 60 million euro

29 April, Kryalos Kryalos completed the sale of an entire building in Via Gramsci, Turin city centre, to a primary...