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BRIEF-Intesa sells 600 mln euro unsecured bad loans to MBCredit Solutions
November 9, 2017 / 10:11 AM / a month ago

BRIEF-Intesa sells 600 mln euro unsecured bad loans to MBCredit Solutions

Nov 9 (Reuters) - Mediobanca’s MBCredit Solutions says:

* Buys 600 million euros of non-performing loans from Intesa Sanpaolo

* Portfolio acquired is made of consumer credit and other unsecured non-performing loans

* Transaction brings non-performing loans owned by MBCredit Solution to 3.5 billion euros Further company coverage: (Reporting by Milan newsroom)

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