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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.04 | -2.76% | 36.8454 | 35.88 | 37.69 | 36.8454 | 36.63 | 36.742 | 1,899 | 21:00:29 |
From May 2019 to May 2024
By Pietro Lombardi
UniCredit SpA (UCG.MI) has reached an agreement with Illimity SpA to sell a 730 million euros ($798.6 million) portfolio of nonperfoming loans.
The portfolio consists of secured loans to Italian small and medium firms, the Italian bank said Friday.
The impact of the sale, which is part of the bank's strategy to cut nonperforming exposures, will be reported in its third-quarter results.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
September 27, 2019 02:10 ET (06:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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