Brief: Conafi Prestito signs three-year funding agreement with Banca Sistema

Conafi SpA

06/11/2015 16:42

Nov 6 (Reuters) - Conafi Prestito SpA  COPR.MI : 
    * Signs with Banca Sistema  BSTA.MI  a three-year agreement for the transfer of receivables 
from Conafi Prestito to Banca Sistema for a total amount of maximum 100 million euros ($107.42 
million) per year 
    * Funding deal also includes a three-year servicing agreement, according to which Conafi 
Prestito is entrusted with the task of carrying out all of the activities of collection, 
monitoring and debt recovery related to the receivables transferred by Conafi Prestito to Banca 
Sistema 
 
     
Source text for Eikon:  ID:nBIA062b6  
     
Further company coverage:  COPR.MI  
 
($1 = 0.9309 euros) 
 
 (Gdynia Newsroom) 
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