CREDITO FONDIARIO WORKS WITH QUAESTIO ON THE NON-PERFORMING LOAN PORTOFLIOS OF THE THREE SO-CALLED “GOODBANKS”

Quaestio Capital Management SGR, manager of the Atlante II fund, communicates that it has signed a Memorandum of Understanding on behalf of the Fund to purchase 2.2 billion euros of non-performing exposures (gross book value) held by Nuova Banche Marche, S.p.A., Nuova Banca dell’Etruria S.p.A. and Nuova Cassa di Risparmio di Chieti di S.p.A..


Credito Fondiario, as part the agreement in place with Quaestio, has worked on the transaction, which incorporates important innovative aspects both at the level of the composition of the portfolio – which includes impaired loans (UTP) and various leasing contracts (with underlying assets) – and at a structural level, thus enabling the securitisation of these new NPE asset categories.