UniCredit Sells Bulgarian Non-Performing Loans to DCA
07 Noviembre 2017 - 1:51AM
Noticias Dow Jones
By Nathan Allen
Italy's UniCredit SpA (UCG.MI) on Tuesday said that its
Bulgarian subsidiary will sell a portfolio of non-performing loans
to DCA, a debt purchaser that is part of B2Holding ASA (B2H.OS),
for an undisclosed sum.
The portfolio consists of secured and unsecured Bulgarian loans
issued by UniCredit Bulbank with a legal claim value of around 84
million euros ($97.48 million), according to UniCredit.
The bank added that the disposal will be reflected in its
fourth-quarter results.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 07, 2017 02:36 ET (07:36 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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