Brief: B2holding Signs Deal With HETA To Buy Non-Performing Loan Portfolio
16/01/2019 07:02
Jan 16 (Reuters) - B2holding ASA B2H.OL :
* B2HOLDING ACQUIRES A NON-PERFORMING SECURED CORPORATE LOAN
PORTFOLIO IN
* B2HOLDING ACQUIRES A NON-PERFORMING SECURED CORPORATE LOAN
PORTFOLIO IN
* HAS IN A 50/50 JOINT VENTURE STRUCTURE WITH DDM GROUP,
SIGNED AN
AGREEMENT WITH HETA ASSET RESOLUTION
* ACQUISITION IS SUBJECT TO REGULATORY APPROVAL AND IS
EXPECTED TO
BE CLOSED IN FIRST OR EARLY Q2 OF 2019
* AGREEMENT WITH HETA ASSET RESOLUTION FOR ACQUISITION OF A
NON-PERFORMING LOAN PORTFOLIO IN CROATIA COMPOSED OF SECURED
CORPORATE LOANS.
* PORTFOLIO HAS A FACE VALUE OF APPROXIMATELY EUR 800
MILLION
* PORTFOLIO HAS A FACE VALUE OF APPROXIMATELY EUR 800
MILLION
* B2HOLDING - ACQUIRES A NON-PERFORMING SECURED CORPORATE
LOAN
PORTFOLIO IN CROATIA
Source text for Eikon: ID:nObizq0ZZa
Further company coverage: B2H.OL
(Gdynia Newsroom)
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