Piraeus Financial Holding agrees to sell leasing unit to Bain Capital

Bain Capital Specialty Finance

23/12/2022 17:30

ATHENS, Dec 23 (Reuters) - Piraeus Bank  BOPr.AT  has
agreed to sell a leasing subsidiary, including a portfolio of
leasing non-performing exposures, to Bain Capital Credit, it
said on Friday.
    Greece's fourth-largest lender by market value said the
portfolio has a gross book value of 500 million euros ($531
million).
    ($1 = 0.9414 euros)
 (Reporting by Angeliki Koutantou; editing by Jason Neely)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
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