B2Holding has through its Italian entity B2 Kapital entered into an agreement to acquire a portfolio of secured and unsecured, retail and corporate non-performing loans ("NPL") from Banca Sella SpA in Italy. The portfolio has an aggregate nominal value of approximately EUR 214 million.
"This transaction reinforces B2Holding's position in the Italian NPLs' market and confirm B2Holding's interest in investing in different asset classes in Italy and in developing the Italian servicing platform further." says Olav Dalen Zahl, CEO of B2Holding ASA.
Even though this transaction would normally be below the threshold for announcement, B2Holding is disclosing this transaction in order to be fully transparent with the vendor's announcement.
For enquiries regarding the transaction, please contact:
Olav Dalen Zahl
CEO, B2Holding ASA
Telephone: +47 909 86 386
Email: odz@b2holding.no
