BPER is said to arrange a 2Bn NPL securitization. This deal will be in addition to the 1Bn already planned for Banco di Sardegna division and will probably use GACs guarrantee on the investment grade tranche.
According to Milano Finanza the bank will use Mediobanca and JP Morgan as Advisor/arranger and Chiomenti e Orrik, Herrington & Sutcliffe as legal advisor.
Prelios Credit Servicing is goging to be due diligence provider ans securitization servicer.
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