Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

UniCredit announces to have reached an agreement with AnaCap on the transfer of a €1.2bn non performing credit portfolio (NPLs)

UniCredit announces to have reached an agreement last week with AnaCap Financial Partners LLP ("AnaCap")  in relation to the transfer on non-recourse basis (pro-soluto) of a € 1.2 billion non performing credit portfolio claims (NPLs).

The sale refers to the Trevi 3 portfolio, consisting  of Italian high vintage defaulted loans, both secured and unsecured, to small and medium enterprises and small businesses, with a gross book value of approximately €670 million.


The sale of the Trevi 3 portfolio is part of UniCredit's on-going activities aimed at reducing non-core assets and at strengthening its credit profile. It represents the fourth asset disposal performed by the Group in 2015.


The economic-financial impacts will be reflected in 2015-Q3 balance sheet.


The parties have been supported respectively by the following legal advisors: Paul Hastings on the sell side and NCTM on the buy side.



Milan, 28 September 2015