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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 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 Unicredito (PK) Chart |
1 Month Unicredito (PK) Chart |
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