APS Holding €1.3 billion acquisition of Intesa Sanpaolo Bank Romania NPL portfolio

28/7/2016
Loan portfolio sale

€ 1.3 billion

$ 1.441 billion

Completed

28/7/2016


Overview:

  • APS Holding has acquired two portfolios of non-performing loans (NPLs) from Intesa Sanpaolo Bank Romania and a second unnamed bank.
  • The first portfolio is valued at €1.07 billion and includes corporate and SME loans. 
  • The second portfolio, from Intesa, is valued at €261 million and includes corporate and retail loans.
  • Combined the two portfolios are the largest portfolio sale to date in South East Europe.

Sam Duke - Editor

Jurisdiction:

Romania

Deal type:

Loan portfolio sale

Practice areas:

Banking
M&A

Industry sector:

Banking


Firms:

Party: APS Holding (Acquirer)


Party: APS Holding (Acquirer)


Party: Intesa Sanpaolo (Seller)


Party: APS Holding (Acquirer)


Party: APS Holding (Acquirer)

Lawyer: Mihai Dudoiu