Dovalue

Regulatory Filings • Dec 20, 2021

Informazione Regolamentata n. 1967-92-2021		Data/Ora Ricezione 19 Dicembre 2021 22:03:17	Euronext Milan
Societa'	:	DOVALUE
Identificativo Informazione Regolamentata	:	155480
Nome utilizzatore	:	DOVALUEN08 - Goretti
Tipologia	:	REGEM
Data/Ora Ricezione	:	19 Dicembre 2021 22:03:17
Data/Ora Inizio Diffusione presunta	:	20 Dicembre 2021 07:30:05
Oggetto	:	Completion of GACS securitisation in Italy for €1.8 billion
Testo del comunicato

Vedi allegato.

PRESS RELEASE

COMPLETION OF GACS SECURITISATION IN ITALY FOR EURO 1.8 BILLION

Rome, December 20th, 2021 – doValue S.p.A. ("doValue", or the "Company") announces the completion of an important Italian GACS securitisation carried out by Crédit Agricole Italia, Crédit Agricole Friuladria and Credito Valtellinese, for a total value of approximately €1.8 billion.

Italfondiario, a subsidiary of doValue, acts as Master Servicer, while doValue acts as Special Servicer on the securitisation.

The completion of this securitisation follows conclusion of two similar transactions originated by UniCredit for €2.2 billion and by Gruppo Bancario Cooperativo Iccrea for €1.3 billion, announced by the Company on December 2nd, 2021.

As a reminder, in 2021, doValue reached a market share of more than 70% on new Italian GACS mandates, therefore confirming its undisputed leadership in the segment.

The securitisation closed by Crédit Agricole Italia, Crédit Agricole Friuladria and Credito Valtellinese represents additional Gross Book Value for doValue of approximately €560 million. Such amount represents part of the stock of mandates won and not yet onboarded (equal to an aggregate of €10 billion across the different jurisdictions where doValue operates) already communicated in the context of the 9M 2021 results.

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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 21 years of experience in the sector and manages assets for approximately €160 billion (Gross Book Value) with over 3,200 employees and an integrated offer of services: special servicing of NPLs, UTP, Early Arrears, and performing positions, real estate servicing, master servicing, data processing and other ancillary services for credit management. doValue is listed on Euronext Milano ("EXM") and recorded in 2020 gross revenues of approximately €421 million and an EBITDA excluding non-recurring items of €127 million.

Contacts

+39 02 89011300 +39 02 83460127

Image Building doValue - Investor Relations dovalue@imagebuilding.it investorrelations@dovalue.it