Brief: Attica Bank secures and transfers its non-performing loans portfolio

CrediaBank SA

04/07/2017 07:59

July 4 (Reuters) - ATTICA BANK SA  BOAr.AT : 
    * SECURES AND TRANSFERS ITS NON-PERFORMING LOANS PORTFOLIO 
TO ARTEMIS SECURITISATION SA 
    * A PORTFOLIO OF LOANS TO A FINAL DEFERRAL AMOUNTING TO 
APPROXIMATELY EURO 1.3 BILLION 
    * ARTEMIS SECURITISATION ISSUED AND TRANSFERRED TO THE BANK 
A SERIES BOND OF NOMINAL VALUE EUR 525 MILLION (SENIOR NOTE) AND 
 SERIES B BOND OF NOMINAL VALUE EUR 806.2 MILLION (JUNIOR NOTE) 
    * BOTH OF THESE BONDS RESULTED FROM THE SECURITIZATION OF 
THE LOAN PORTFOLIO AND SECURED BY A STATUTORY LIEN THESE LOANS 
 
Source text: http://bit.ly/2sl4R1T 
Further company coverage:  BOAr.AT  
 
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