Karatzas & Partners advised B2Holding for acquiring a EUR3.6 billion worth portfolio from Alpha Bank in its first sale of under-performing and non-performing consumer and small business loans
Karatzas & Partners advised B2Holding for acquiring a EUR3.6 billion worth portfolio from Alpha Bank in its first sale of under-performing and non-performing consumer and small business loans
We advised B2Holding as participant bidder throughout the two-stage bidding process initiated by Alpha Bank, for the above sale and transfer of the portfolio, which initially had a value of total exposures of approximately EUR2.5 billion. During the second phase of the process, Alpha Bank upsized the transaction by adding a smaller portfolio (of similar characteristics) bringing the total exposure to approximately EUR1.1 billion.
