Arab Today, arab today unicredit intesa partner with kkr on loan restructuring
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

UniCredit, Intesa partner with KKR on loan restructuring

Arab Today, arab today

Arab Today, arab today UniCredit, Intesa partner with KKR on loan restructuring

Milan - AFP

Italy's two biggest banks, Intesa Sanpaolo and UniCredit, have signed a deal with US private equity firm KKR and restructuring adviser Alvarez & Marsal to create a vehicle for restructured loans, a statement said on Tuesday. An agreement to "jointly develop and implement an innovative solution" has been signed and talks on the details of the new partnership are ongoing, the four said in a joint statement. The aim is to "optimize the performance and maximize the value of a selected corporate loan portfolio under restructuring through proactive management and additional funding at the asset level," it said. Intesa Sanpaolo and UniCredit together had billion of euros in gross restructured loans in 2013. The vehicle is expected to provide fresh capital for companies hit hard by a long period of recession in Italy.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unicredit intesa partner with kkr on loan restructuring Arab Today, arab today unicredit intesa partner with kkr on loan restructuring

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unicredit intesa partner with kkr on loan restructuring Arab Today, arab today unicredit intesa partner with kkr on loan restructuring

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday