• Transaction / Assets
  • Seller
  • Buyer
  • € MM

Sabadell Sells Two Debt Portfolios

Banco Sabadell informed about selling outstanding debt to two international funds: Aktiv Kapital Portfolio As, Oslo, Zug Branch (Aktiv Kapital) and Orado Investments Sarl for €437 and €195 million respectively. The project was named Garbi. The non-performing credit has been inherited by the bank together with Banco CAM´s purchase. The sale was a result of the higest bidder contest.

 

Source: Reuters

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