ACQUISITION OF A PORTFOLIO OF NPLS AND UTPS, BOTH BANKING AND LEASING, FROM GROUP CREDITO VALTELLINESE (PROJECT GIMLI)

Credito Fondiario signed an agreement with Credito Valtellinese Group regarding the acquisition of a portfolio mainly composed of distressed secured loans (both NPLs and UTPs) granted to companies operating in the real estate sector, including real estate leases. The portfolio has a gross book value of approximately € 222 million.