4MORI SARDEGNA - Securitisation Banco di Sardegna
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

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BPER Banca S.p.A. published this content on 22 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 June 2018 17:12:12 UTC