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Capital with My Credit for the acquisition of an NPL portfolio from BCC Centropadana

04/02/2021

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Milan, February 4, 2021 - Balbec Capital LP, a private investment company operating on a global scale, has acquired through the securitization vehicle Duomo SPV, a portfolio of NPL loans for a GBV value of € 5,200,00.00 from BCC Centropadana.

The portfolio, consisting of mainly secured loans with underlying real estate, will be managed entirely, as a special servicer, by My Credit SpA, a company specialized in the valorization of NPL and Utp assets and portfolios, through the management method based on territoriality (over 1100 brokers active in Italy) and the ability to manage a combination   between the financial and real estate world.

The master servicer chosen for the management of the portfolio is Banca Finint).

Here attached the press review