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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intesa Sanpaolo Spa | BIT:ISP | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.503 | 3.55 | 3.4005 | 0.00 | 07:30:04 |
--Intrum Justitia AB is looking for a partner in a deal to purchase a 12.1 billion-euro ($15 billion) portfolio of bad loans from Italy's Intesa Sanpaolo SpA, Bloomberg reports, citing unnamed sources.
--The plan would value the debt around EUR3.5 billion and would be financed by a combination of bank loans and equity, it says, adding that around five funds have expressed interest in coinvesting in the equity portion.
--Intesa wants to cut its nonperforming-loan ratio to 6% in 2021 from 11.9% in end-2017, according to Bloomberg.
Full story: https://bloom.bg/2swQEDt
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
February 15, 2018 11:33 ET (16:33 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Intesa Sanpaolo Chart |
1 Month Intesa Sanpaolo Chart |
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