
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.


Latest News

Ellaktor reveals talks with pair of companies over possible sale of construction subsidiary Aktor
The companies identified are Wade Adams Hellas SMSA and Adamas Group Ltd.

Fitch upgrades 3 Greek systemic lenders
The announcement comes days after Fitch also upgraded Greece’s rating to “BB+”, one level away from investment grade

Massive research vessel conducting volcanic research in south Aegean
The Cypriot-flagged JOIDES Resolution

Producer’s price index in Greece up 16.5% in Dec. 2022
The producer's price index in Greece for the industrial sector rose 16.5 percent in December 2022

Cruise sector in Greece expected to exceed 2022 levels this year
Minister Vassilis Kikilias said 607 bookings for homeport cruises have also been registered, up 38 percent for 2022

Body of one of two missing aviators of crashed F-4 recovered
The body of the fallen pilot, aged 29, was also recovered in the water by search-and-rescue units

Reports: F4 fighter plane believed crashed off western Greece
Search efforts are underway to locate the two aviators who were flying the plane

Fitch upgrades Greece to BB+; outlook stable
The ratings firm also listed the outlook as “stable”

Economist political editor Peet: Risk of Turkey moving towards dictatorship
Peet spoke in the wake of a particularly critical cover story focusing on Turkey in the recent Economist issue

Annual consumption of petroleum products in Greece mostly unchanged in 2021 from 2020
Heating oil drops