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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 38.92 | 39.06 | 40.13 | 12,598 | 21:16:41 |
By Kim Richters
UniCredit SpA (UCG.MI) said Thursday that it agreed to sell a non-performing loans portfolio to a securitisation vehicle financed by SPF Investment Management L.P.
The portfolio consists of unsecured loans to Italian small and medium companies with total value of around 1.1 billion euros ($1.23 billion).
The impact of the sale was already accounted in second-quarter results.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 25, 2019 02:31 ET (06:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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