News Feed Archives - NPL Confidential

Eurobank to distribute to shareholders mezzanine/junior notes from Cairo securitisation

8 July 2020 Editors 0

Eurobank’s 28 July Annual General Meeting is set to approve the final step of the EUR7.5bn Cairo NPE securitisation, namely

Eurobank and Piraeus Bank try to rekindle HIG Capital’s interest in 110 mln euros of Kypriotis loans

8 July 2020 Konstantinos Papagrigoris 0

Eurobank and Piraeus Bank are renewing efforts to sell loans owed by the Kypriotis hotel group as HIG Capital fund, which had initially shown interest, is trying to take advantage of the coronavirus pandemic.

Pimco and Bain Capital Cerved, Credito Fondiario have submitted non binding offers, for Galaxy, Bloomberg

7 July 2020 Editors 0

Bain Capital Credit and PIMCO, Cerved Group SpA and Elliott-backed Credito Fondiario SpA, are said that they have made

Greek lenders extend loan moratorium until end of 2020

7 July 2020 Editors 0

Greek lenders will extend until the end of a year a moratorium on loan repayments as part of measures to

ECB, NPLs will increase after the mandatory payment moratoria

7 July 2020 Editors 0

Non-performing loans are very likely to increase in the future, particularly once the effects of the mandatory payment moratoria decreed

Greece and official creditors seek compromise over planned primary-residence sale-and-leaseback subsidy schemes

7 July 2020 Editors 0

Greece and official creditors seek compromise over planned primary-residence sale-and-leaseback and mortgage installment subsidy schemes. The Greek government and Troika

Bank of Greece to appoint Rothchild, Boston Consulting, and Deloitte on bad bank.

7 July 2020 Konstantinos Papagrigoris 0

Yiannis Stournaras, Bank of Greece Governor, has already sent a draft of the bad bank plan to the Ministry of Finance. Also, he will run three tenders to hire advisors for different aspects of the plan.