Brief: Eurocastle Investment Acquires Portfolio Of Italian Distressed Loans

Eurocastle Investment

11/05/2018 14:38

May 11 (Reuters) - Eurocastle Investment Ltd  ECT.AS :
    * HAS COMMITTED APPROXIMATELY €8 MILLION TO ACQUIRE A SHARED
INTEREST IN PORTFOLIO OF ITALIAN DISTRESSED LOANS TO A SINGLE
BORROWER
    * PORTFOLIO OF ITALIAN DISTRESSED LOANS WITH A GROSS BOOK
VALUE OF
APPROXIMATELY EUR 81 MILLION
    * TRANSACTION EXPECTED TO FUND BY END OF MAY 2018
    * TO ACQUIRE A SHARED INTEREST ALONGSIDE AFFILIATES OF
FORTRESS
INVESTMENT GROUP LLC

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE73QQdK
Further company coverage:  ECT.AS 

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