B2Holding acquires a non-performing credit portfolio from Banca Sella (Italy)

B2Kapital S.r.l, the Italian subsidiary of B2Holding ASA and the 
Italian bank Banca Sella, have signed an agreement including 
acquisition of a non-performing loan portfolio with face value of 
EUR 125,5M. The transaction includes both secured and unsecured 
positions as well as a forward flow contract.  

Even though this transaction would normally be below the threshold 
for announcement, B2Holding is disclosing this transaction in order 
to be fully transparent, as the Vendor has sent out a press release 
today.

With this transaction, B2Holding continues to build its Italian 
operation and confirms its intention to enter and become an active 
player in the Italian NPL market.  

The vendor Banca Sella is adding that the transaction implies a 
positive impact in its balance account and a further improvement of 
relevant ratios.

For enquiries regarding the transaction, please contact:
       

Olav Dalen Zahl
CEO, B2Holding ASA
Mobile: +47 909 86 386
Email:  odz@b2holding.no