The conclusion of the sale process of the 2,5 billion non-performing loan portfolio is approaching Intesa Sanpaolo. According to press rumors, in fact, in recent days the envelopes of the offers sent by some of the main specialized funds would have been opened: the highest amount would be that put on the plate the highest amount by the consortium formed by Crc (Christofferson Robb) and by Bayview (assisted by Prelios Credit Servicing).
The price, again according to press sources, would be between 10 and 15 cents. The CRC-Bayview tandem should therefore win over the other participants in the race, including Apollo and Cerberus. About a third of the positions in the 2,5 billion euro portfolio are made up of secured loans.
Late morning at Business Square the shares of the Turin institute drop 0,8% to 2,52, in line with the negative trend of the Italian stock exchange.
