Eurobank Holdings on Monday announced the successful conclusion of the sale of a portion of mezzanine and junior securitization notes with €5.2 billion nominal value (€3.2 billion gross book value), of a multi-asset NPE portfolio, called the “Mexico transaction”.
The portfolio will be serviced by the doValue Group.
The transaction will have no material impact on the regulatory capital ratios of Eurobank and, post-closing, its NPE ratio is expected to stand at 7.3 percent.
The financial advisor is Alantra Corporate Portfolio Advisors International Ltd., and the legal advisors are Allen & Overy LLP and Karatzas & Partners Law Firm.