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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Banca IFIS Spa | BIT:IF | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.04 | -0.20% | 19.96 | 19.80 | 20.36 | 20.06 | 19.84 | 20.00 | 58,736 | 17:00:00 |
From Nov 2019 to Nov 2024
By Pietro Lombardi
UniCredit SpA is selling a portfolio of nonperforming loans with a claim value of about 840 million euros ($968.4 million).
The Italian bank said Wednesday that the portfolio is made of Italian small-and-medium enterprise nonperforming unsecured loans and the impact of the sale is already included in the second-quarter results.
Banca IFIS SpA has bought part of the portfolio, with claim value of about EUR486 million. The remaining portion was acquired by GAIA SPV, a securitization vehicle controlled by Barclays PLC and Guber Banca SpA.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10
(END) Dow Jones Newswires
July 22, 2020 08:59 ET (12:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Banca IFIS Chart |
1 Month Banca IFIS Chart |
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