Brief: Resurs Sells Non-Performing Loans To Leading International Investor

Resurs Holding AB (publ)

18/12/2020 12:02

Dec 18 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * RESURS CONFIRMS ITS STRENGTH BY SELLING NON-PERFORMING
LOANS TO
A LEADING INTERNATIONAL INVESTOR
    * AGREEMENT WITH A LEADING INTERNATIONAL INVESTOR IN
NON-PERFORMING LOANS TO SELL PARTS OF RESURS BANK'S
NON-PERFORMING LOANS
    * GROSS CARRYING AMOUNT OF JUST OVER SEK 500 MILLION.
    * SALE WILL HAVE A POSITIVE IMPACT ON RESURS BANK'S CAPITAL
REQUIREMENTS AND LIQUIDITY AND A NEUTRAL EFFECT ON EARNINGS
    * SALE IS EXPECTED TO BE COMPLETED AT END OF Q4 OF 2020

Source text for Eikon:  ID:nWkr10VLdj 
Further company coverage:  RESURS.ST 

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