Capital/Financing Update • Jun 5, 2019
Capital/Financing Update
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| Informazione Regolamentata n. 1928-63-2019 |
Data/Ora Ricezione 05 Giugno 2019 17:46:07 |
MTA | |
|---|---|---|---|
| Societa' | : | Banco BPM S.p.A. | |
| Identificativo Informazione Regolamentata |
: | 119444 | |
| Nome utilizzatore | : | BANCOBPMN01 - Marconi | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 05 Giugno 2019 17:46:07 | |
| Data/Ora Inizio Diffusione presunta |
: | 05 Giugno 2019 17:46:08 | |
| Oggetto | : | Last stage of the ACE project completed with the creation of an NPL recovery platform |
|
| Testo del comunicato |
Vedi allegato.

Milan, 5 June 2019 – Following the news release published on 10 December 2018, we announce that the last stage of the ACE project has been completed, with the creation of an NPL recovery platform as a Joint Venture between Credito Fondiario and Banco BPM, with stakes of 70% and 30%, respectively. The platform will manage the Bank's bad loans and the portfolio transferred under the securitization closed in February 2019, with State Guarantee (GACS) on senior notes.
Contacts:
Investor Relations Roberto Peronaglio +39 02.94.77.2108 [email protected] Communication Matteo Cidda +39 02.77.00.7438 [email protected] Media Relations Monica Provini +39 02.77.00.3515 [email protected]
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