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UNCFF Unicredito SPA (PK)

37.892
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unicredito SPA (PK) USOTC:UNCFF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.892 36.63 38.45 5,222 21:27:00

UniCredit Completes Transfer of NPL Mortgage Portfolio to Prisma

05/11/2019 5:48pm

Dow Jones News


Unicredito (PK) (USOTC:UNCFF)
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   By Giulia Petroni 
 

UniCredit SpA (UCG.MI) said Tuesday that it has successfully completed the transfer of a non-performing mortgage portfolio to securitization vehicle Prisma SPV Srl.

The transfer has a gross book value of 4.1 billion euros ($4.57 billion), according to the Italian bank.

UniCredit also said it has notified the European Central Bank of its intention to recognize the transaction as a "significant risk transfer" under European regulatory rules as of Dec. 31 in connection with the sale.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

November 05, 2019 12:33 ET (17:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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