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MDIBY Mediobanca Banca Di Credito Finanziario SPA (PK)

14.3535
-0.1565 (-1.08%)
19 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mediobanca Banca Di Credito Finanziario SPA (PK) USOTC:MDIBY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.1565 -1.08% 14.3535 11.42 14.36 14.41 14.23 14.41 109,896 21:50:54

Intesa Sanpaolo Sells EUR600 Million in Bad Loans to Mediobanca

09/11/2017 11:03am

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Mediobanca Banca Di Cred... (PK) (USOTC:MDIBY)
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   By Pietro Lombardi 
 

Intesa Sanpaolo SpA (ISP.MI) has sold a portfolio of 600 million euros ($695.7 million) in unsecured bad loans to Mediobanca SpA's (MB.MI) MBCredit Solutions, Mediobanca said on Thursday.

Mediobanca didn't disclose financial details of the transaction. It said the portfolio, called Sherazade, brings the overall NPE portfolio managed by MBCredit Solutions to EUR3.5 billion.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

November 09, 2017 05:48 ET (10:48 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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