Dovalue

Capital/Financing Update • Feb 1, 2023

Informazione Regolamentata n. 1967-7-2023		Data/Ora Ricezione 31 Gennaio 2023 18:03:26	Euronext Star Milan
Societa'	:	DOVALUE
Identificativo Informazione Regolamentata	:	172085
Nome utilizzatore	:	DOVALUEN08 - Goretti
Tipologia	:	REGEM
Data/Ora Ricezione	:	31 Gennaio 2023 18:03:26
Data/Ora Inizio Diffusione presunta	:	01 Febbraio 2023 07:00:07
Oggetto	:	Repayment of senior notes of GACS securitisation Fino 1
Testo del comunicato

Vedi allegato.

PRESS RELEASE

REPAYMENT OF SENIOR NOTES OF FINO 1 THANKS TO STRONG COLLECTION PERFORMANCE

Rome, February 1st, 2023 – doValue S.p.A. ("doValue", the "Company", the "Group") communicates that, thanks to the strong collection performance on the credit underlying the securitisation realised through the vehicle company Fino 1 Securitisation S.r.l. ("Fino 1"), in the context of which the GACS guarantee was granted by the Ministry of Economy and Finance, the Class A senior notes of such securitisation have been repaid.

As a reminder, the Fino 1 securitisation, which was completed at the end of 2017, at that time comprised of approximately €5.4 billion (Gross Book Value) of loans originated by UniCredit. The securitisation saw the participation as investors of funds managed by affiliates of Fortress Investment Group, funds managed by King Street Capital Management and UniCredit itself.

The doValue Group, since the structuring of the transaction, assumed the roles of master servicer and special servicer.

The reimbursement of the Class A senior notes of the Fino 1 securitisation, the first case of its kind since the introduction of the GACS scheme in 2016, is an important signal in relation to the collection capabilities of doValue, also considering the market volatility which has characterised the COVID period (2020-2021) which led to a general slow-down of the collection processes across the entire Italian market.

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doValue is the main operator in Southern Europe in the field of credit and real estate management for banks and investors. With more than 20 years of experience and approximately €140 billion of assets under management (Gross Book Value) across Italy, Spain, Portugal, Greece and Cyprus, doValue Group's activities contribute to the economic growth by promoting the sustainable development of the financial system. With its 3,200 employees, doValue offers an integrated range of services: servicing of Non-Performing Loans (NPL), Unlikely To Pay (UTP), Early Arrears, and performing credit, real estate servicing, master servicing, data processing and other ancillary services for credit management. The shares of doValue are listed on the STAR segment of Euronext Milan (EXM) and, in 2021, the Group reported Gross Revenues of approximately €572 million and EBITDA excluding non-recurring items of approximately €201 million.

Contacts

Image Building doValue Media Relations Investor Relations Rafaella Casula Alberto Goretti +39 348 306 7877 +39 02 83460127

dovalue@imagebuilding.it investorrelations@dovalue.it