An agreement with the doValue Group was signed by Eurobank Holdings (“Eurobank”) a) for the sale of part of the mezzanine notes bonds and the junior notes of the securitization of a mixed portfolio of non-performing receivables of Eurobank SA (“The Bank”) with a nominal value of € 5.2 billion (€ 3.2 billion book value) (“Mexico” transaction) and (b) for the management of this portfolio by doValue Group.
The transaction is expected to be completed by December 31, 2021 provided that certain conditions are met, including the issuance of the Ministerial Decision on the inclusion of Mexico securitization in the Guarantee Program to securitization of credit institutions of law 4649/2019 (“Hercules Program II ») and the regulatory approval by the Single Supervisory Mechanism (SSM) for the transfer of risk of the underlying loans.
Mexico securitization loans will be reclassified as held for sale in the 3rd quarter of 2021. The completion of the sale of Mexico Bonds and the re-recognition of securitized loans will take place in the 4th quarter of 2021, provided the transaction is completed. and obtaining the relevant regulatory approvals, in the ordinary course of business.
The transaction will not have a significant impact on the total regulatory capital of Eurobank and, after the completion of the transaction, the NPE index is expected to reach 7.3%.
Financial Advisor for Eurobank: Alantra Corporate Portfolio Advisors International Limited.
Legal Advisers for Eurobank: Allen & Overy LLP and Karatza Law Firm & Associates.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-600x400.jpg)
