Pimco Archives - NPL Confidential

A week’s delay for Alpha Bank’s Galaxy sale

26 October 2020 Christos N Konstas

Alpha Bank’s binding bids for the sale of its entire stake in loan servicing company Cepal and an up to…

Alpha Bank in Talks to Sell over $11.3B of Bad Debt: Reuters

17 June 2020 Editors

At least 5 bidders reportedly interested in Alpha Bank’s Galaxy securitization and servicer sale

Pimco looks to boost presence in Greek NPE market

26 May 2020 Konstantinos Papagrigoris

Pimco, one of the world’s largest fund managers, is considering the acquisition of an additional 40 percent stake in Qualco.

Distressed assets attract fresh funds

20 April 2020 Editors

Pimco, Oaktree Capital Group and Cerberus gather funds to invest in stress or distressed debt.

Alpha Bank postpones Galaxy and Cepal Sale

24 March 2020 Christos Ziotis

Alpha Bank is going to postopone the deadline for non-binding bids in project Galaxy and the Cepal Sale.
Pimco, Lone Star, Bain, Elliott, Cerberus and Varde will reportedly participate in the process,
Completion of project Galaxy will reduce Alpha’s domestic NPE stock to EUR3.5bn by 2022