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Unicredit M&A Activity 2015

Oct 30, 2015

4272_rns_2015-10-30_f0308c9e-23e3-4afe-9d8f-e87f6f7c3873.pdf

M&A Activity

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Informazione
Regolamentata n.
0263-323-2015
Data/Ora Ricezione
30 Ottobre 2015
17:27:09
MTA
Societa' : UNICREDIT
Identificativo
Informazione
Regolamentata
: 64828
Nome utilizzatore : UNICREDITN05 - Berneri
Tipologia : AVVI 16
Data/Ora Ricezione : 30 Ottobre 2015 17:27:09
Data/Ora Inizio
Diffusione presunta
: 30 Ottobre 2015 17:42:10
Oggetto : UniCredit and affiliates of Fortress together
with Prelios finalize the sale of UCCMB,
including c. €2.4bn non-performing loans
Testo del comunicato

Vedi allegato.

PRESS RELEASE

UniCredit and affiliates of Fortress together with Prelios finalize the sale of UCCMB, including c. €2.4bn non-performing loans

After receiving the necessary approvals, UniCredit S.p.A. UniCredit and affiliates of Fortress together with Prelios have closed today the sale of UniCredit Credit Management Bank S.p.A. (UCCMB), including c. €2.4bn non-performing loans.

Terms and conditions of the transaction as well as impacts on UniCredit SpA as announced on 11 February 2015 remain unchanged.

This transaction will help to open the Italian servicing market for the recovery of nonperforming loans more independent and represents a positive step for the sector, in line with developments in other European countries.

Fortress and Prelios have agreed to co-operate as industrial partners in relation to the servicing of certain non-performing loans.

Milan, 30 October 2015

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