AnaCap Credit Opportunities III €2 billion acquisition of GE Capital Real Estate and RBS NPL portfolios

4/3/2016

Loan portfolio sale

Value:

€ 2 billion

Dollar value:

$ 2.146 billion

Status:

Completed

Date:

4/3/2016

Overview:

AnaCap Credit Opportunities III has acquired two portfolios of NPLs with a value of €2 billion.
The portfolios have been acquired from two securitisation vehicles owned by GE Capital Real Estate and RBS.
The portfolios include secured and unsecured SME loans and real estate loans.

Sam Duke - Editor

Jurisdiction:

Italy

Deal type:

Loan portfolio sale

Practice areas:

Banking
M&A

Industry sector:

Banking

Firms:

Clifford Chance

Party: GE Capital (Seller)

Party: Royal Bank of Scotland (RBS) (Seller)

Lawyer: Tanja Svetina

Orrick Herrington & Sutcliffe

Party: AnaCap Financial Partners (Acquirer)

Lawyers: Annalisa Dentoni-Litta, Patrizio Messina

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