IFLR1000

B2Holding / DDM acquisition of Heta NPL portfolio

17/1/2019
Non-Performing Loan (NPL) portfolio sale
Select tab

€ 800 million

$ 909.032 million

Completed

17/1/2019

Overview:

  • B2Holding and DDM - companies specialising in managing financial services companies' debt - have acquired an €800 million NPL portfolio of loans in Croatian from Austrian 'bad bank' Heta.

Jurisdictions:

Austria
Croatia

Deal type:

Non-Performing Loan (NPL) portfolio sale

Practice area:

Banking

Industry sector:

Financial services

Firms:
CMS Reich-Rohrwig Hainz

Party: HETA Asset Resolution (Seller)

Lawyer: Alexander Rakosi

Wolf Theiss

Party: B2Holding (Acquirer)

Party: DDM (Acquirer)

Lawyers: Andrea Gritsch, Leopold Höher, Luka Tadić Čolić

Related deals