B2Holding has through its Czech subsidiary B2 Kapital entered into an agreement to acquire a portfolio of unsecured, retail non-performing loans ("NPL") in the Czech Republic.
The portfolio was sold by Moneta Money Bank and the acquisition was closed today. The portfolio consists of approximately 12,000 claims and has an aggregate nominal value of approximately EUR 47 million.
"This transaction reinforces B2Holding's position in the Czech NPL market and confirms B2Holding's interest in investing in different asset classes in the Czech Republic and in developing the Czech servicing platform further." says Olav Dalen Zahl, CEO of B2Holding ASA.
Even though this transaction would normally be below the threshold for announcement, B2Holding discloses 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
