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KM Financial Solutions | Monte dei Paschi completes securitisation for 24-bln-euro bad loan sale
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Monte dei Paschi completes securitisation for 24-bln-euro bad loan sale

09 May Monte dei Paschi completes securitisation for 24-bln-euro bad loan sale

Posted at 17:39h in News by
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MILAN, May 10 (Reuters) – Banca Monte dei Paschi di Siena
has completed the securitisation for the sale of a bad
loan portfolio with a gross book value of around 24.1 billion
euros ($28.7 billion), obtaining investment-grade ratings on the
senior tranche.

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