Transaction / Assets NPL portfolioSeller VolksbankBuyer AnaCap€ MM 141
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