IFLR1000

APS Capital Group acquisition of Bank of Cyprus NPL portfolio

5/2/2019
Non-Performing Loan (NPL) portfolio sale
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Completed

5/2/2019

Overview:

  • Distressed debt manager APS Capital Group has acquired a portfolio of NPLs from Bank of Cyprus.
  • The portfolio has a gross book value of €245 million. 

Rajeeb Gurung - Researcher

Jurisdiction:

Cyprus

Deal type:

Non-Performing Loan (NPL) portfolio sale

Practice area:

Banking

Industry sector:

Banking

Firms:
Antoniou McCollum & Co

Party: APS Capital Group (Acquirer)

Lawyer: Christina McCollum

Chryssafinis & Polyviou

Party: Bank of Cyprus (Seller)

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