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MyCredit together with Balbec Capital has acquired a portfolio of NPL loans from BCC Agrobresciano

08/10/2020

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Milan, 8 October 2020 - MyCredit SpA, a company specialized in the investment and enhancement of NPL and Utp assets and portfolios, and Balbec Capital LP, a private investment company operating on a global scale, announce that they have acquired from BCC Agrobresciano a portfolio of NPL credits with a GBV of € 10 million, almost entirely Secured and guaranteed by residential assets.

The Master servicer chosen to manage the portfolio is Securitisation Services S.p.A., while MyCredit S.p.A. will operate as subservicer.

Please find attached the complete press review