ISCC Fintech sells non-performing loan portfolio to Kepler

ISCC Fintech sells non performing loan portfolio to Kepler

(Tiper Stock Exchange) – ISCC Fintech – Integrated System Credit Consulting Fintech, a company active in Italy in the sector of the purchase of “granular” portfolios of non-performing loans (NPL) by financial institutions, special purpose vehicles and financial companies and in the management and recovery of the same (Credit Management), announces that, as part of a broader securitization project pursued by the Company, sold a loan portfolio of equal total nominal value to 10 million euros to the vehicle Kepler SPV, simultaneously signing a servicing contract for the entire operation. The sale price of the wallet is higher than the book value of the credits subject to assignment.

Gianluca DeCarloChief Executive Officer of ISCC Fintech, declared “this operation has a high strategic importance for us and is the result of an important analysis, research and valorisation activity”.

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