Banco Bilbao Vizcaya Argentaria SA logo

BBVA - Banco Bilbao Vizcaya Argentaria SA News Story

$5.72 0.2  2.9%

Last Trade - 05/03/21

Sector
Financials
Size
Large Cap
Market Cap £26.78bn
Enterprise Value £20.97bn
Revenue £21.74bn
Position in Universe 326th / 6646

BRIEF-BBVA Sells A Portfolio Of Loans And Real Estate Assets To KKR

Thu 21st January, 2021 6:40am
Jan 21 (Reuters) - Banco Bilbao Vizcaya Argentaria SA
 BBVA.MC :
    * SAID ON WEDNESDAY SIGNED SALE OF PORTFOLIO COMPOSED OF
LOANS AND
REAL ESTATE ASSETS FROM UNNIM TO KKR
    * PORTFOLIO CONSISTS OF TWO TYPES OF REAL ESTATE LOANS (WITH
AND
WITHOUT MORTGAGE GUARANTEES) AND REOS (REAL ESTATE OWNED) ASSETS
    * SAYS GROSS VALUE OF PORTFOLIO IS CLOSE TO 700 MILLION
EUROS
    * SAYS AIM OF TRANSACTION IS TO REDUCE EXPOSURE TO
NON-PRODUCTIVE
ASSETS

    
 Source text: https://bbva.info/3bYQo5a
    
 Further company coverage:  BBVA.MC  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.