UniCredit Sheds EUR 250 Million in NPLs with Dentons' Guidance
Deal News | Jan 14, 2025 | CEE Legal Matters
In a strategic move to optimize its loan portfolio, UniCredit has successfully disposed of a portfolio of non-performing loans (NPLs) with a claim value exceeding EUR 250 million. The disposal was facilitated by Dentons, an international law firm, which advised on the transaction. This action aligns with UniCredit's loan portfolio management strategy, focusing on reducing non-performing exposure to minimal levels. Although the specific investors involved in the acquisition of the portfolio remain undisclosed, the deal was supported by a comprehensive Dentons team, including partners and associates from Poland, the Netherlands, Luxembourg, and Italy. Dentons, however, was unable to provide further details on the transaction.
Sectors
- Banking
- Legal Services
- Investment
Geography
- Europe – UniCredit operates extensively within Europe, and the Dentons team involved in the transaction includes members from countries like Poland, the Netherlands, Luxembourg, and Italy.
- Poland – A significant portion of the advisory team, including the main partners, is based in Poland.
Industry
- Banking – The article involves UniCredit, a significant banking and financial services company, engaged in loan portfolio management.
- Legal Services – Dentons, a prominent law firm, played a pivotal role by providing legal advisory services during the transaction.
- Investment – The transaction involves disposing of a non-performing loan portfolio, an activity categorized under investment and asset management strategies.
Financials
- EUR 250 Million – The total claim value of the non-performing loan portfolio disposed of by UniCredit.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| UniCredit | Vendor | Company | An international banking and financial services company involved in the transaction by disposing of its non-performing loan portfolio. |
| Dentons | Legal Advisor | Company | A global law firm that provided legal advice to UniCredit during the sale of its non-performing loan portfolio. |