May 7, 2018 / 5:11 PM / in 5 months

BRIEF-Cerved To Manage Another EUR 4 Bln in NPLs From MPS Once Juliet Deal Is Closed - Conf Call

May 7 (Reuters) - Cerved Group CEO Nespolo Marco said in a conference call following Q1 results:

* AS SOON AS DEAL WITH QUAESTIO FOR MONTE DEI PASCHI NPL RECOVERY PLATFORM JULIET CLOSES, IT WILL GET ANOTHER EUR 4 BLN OF NON-PERFORMING LOANS TO MANAGE FROM MPS

* AMOUNT OF ADDITIONAL NON-PERFORMING LOANS FROM MPS IS HIGHER THAN THE EUR 3 BLN DISCLOSED IN THE PREVIOUS CONFERENCE CALL

Further company coverage: (Gdynia Newsroom)

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