June 19, 2017 / 11:42 AM / 2 months ago

BRIEF-Kruk's unit signs binding agreement on Italian market

June 19 (Reuters) - KRUK SA

* ITS ‍ITACAPITAL S.R.L. UNIT SIGNS DEAL WITH DEUTSCHE BANK S.P.A​​​

* AGREEMENT WITH DEUTSCHE BANK​ IS FOR PURCHASE OF CLAIMS FOR UNSECURED CONSUMER LOANS WITH TOTAL NOMINAL VALUE OF EUR 131.7 MILLION

* DEAL IS SUBJECT TO CONDITION PRECEDENT THAT DEBTS COVERED BY AGREEMENT WILL BE ASSIGNED TO BUYER UPON PAYMENT OF PRICE​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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