Asset Publisher
4MORI SARDEGNA – Securitisation of bad loans
Price sensitive
Sale of a portfolio of "4Mori Sardegna" bad loans concluded on schedule, as planned in the BPER Group's NPE Strategy 2018-2020
The sale, which was carried out by means of a securitisation backed by a guarantee from the Italian State ("GACS") on the Senior tranche, involves a portfolio of bad loans of Banco di Sardegna for a gross book value of € 900 million (59% of the total gross bad loans of Banco di Sardegna).
Sale price equal to 28.10% of the gross book value of the loans sold