(Alliance News) – ISCC Fintech Spa announced Wednesday that the board has approved a binding offer submitted by a major Italian financial operator regarding the purchase of an NPL loan portfolio consisting of loans consolidated in already issued injunctions all duly served and not opposed.
The total GBV is approximately EUR3.9 million, with a value of approximately EUR1.1 million.
The transaction was structured and executed through the MyNpl.it platform, which acted as Financial Advisor.
ISCC Fintech closed flat at EUR1.88 per share.
By Maurizio Carta, Alliance News reporter
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