Dovalue

Regulatory Filings • Nov 6, 2019

Informazione Regolamentata n. 1967-62-2019		Data/Ora Ricezione 06 Novembre 2019 07:31:50	MTA
Societa'	:	doValue S.p.A.
Identificativo Informazione Regolamentata	:	124294
Nome utilizzatore	: DOVALUEN05 - Fabio Ruffini
Tipologia	: REGEM
Data/Ora Ricezione	: 06 Novembre 2019 07:31:50
Data/Ora Inizio Diffusione presunta	: 06 Novembre 2019 07:31:51
Oggetto	:	Unicredit securitization "Prisma": doValue confirmed Special Servicer and appointed Master Servicer of a portfolio worth over € 6 billion
Testo del comunicato

Vedi allegato.

PRESS RELEASE

UNICREDIT NPL SECURITIZATION "PROJECT PRISMA": DOVALUE IS CONFIRMED SPECIAL SERVICER AND APPOINTED MASTER SERVICER OF A PORTFOLIO WORTH OVER € 6 BILLION

Rome, 6 November, 2019 – doValue S.p.A. ("doValue" o "the Company") announces that it has reached an agreement with UniCredit S.p.A. ("UniCredit") which provides for the exclusive management by the doValue Group, as Master and Special Servicer, of a non-performing residential mortgage portfolio of approximately EUR 6.1 billion (gross book value).

The agreement concerns a securitization according to Italian law L.130/99 of a portfolio of non-performing residential loans, largely backed by real estate guarantees and distributed throughout Italy, s.c. "Project Prisma". In terms of size, this is the most important residential NPL securitization project in Europe.

Nearly all of the receivables covered by the transaction are already managed by doValue under the contract with UniCredit signed in 2015. Today's agreement confirms the doValue Group as the Special Servicer of the securitization and appoints it as Master Servicer for the portfolio, contributing to reinforcing the leadership of doValue in the servicing market in Southern Europe and particularly in Italy.

For loans covered by the agreement, is expected that Unicredit will initiate the process to request the guarantee on non-performing loan securitizations granted by the State pursuant to D.L.18/2016 and subsequent amendments (GACS).

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doValue S.p.A.

doValue, formerly doBank S.p.A., is the leading operator in Southern Europe in credit management and real estate services for banks and investors.

Present in Italy, Spain, Portugal, Greece and Cyprus, doValue has over 18 years of industry experience and manages assets of about €140 billion (gross book value) with over 2,200 employees and an integrated range of services: special servicing, master servicing, real estate management and other credit management services. doValue is listed on the Electronic Stock Market (Mercato Telematico Azionario) operated by Borsa Italiana S.p.A. and, including the acquisition of Altamira Asset Management, recorded gross revenues in 2018 of about €490 million with an EBITDA margin of 37%

Contact info

Image Building Investor Relations – doValue S.p.A. Simona Raffaelli – Emilia Pezzini Fabio Ruffini dovalue@imagebuilding.it 06 47979154