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Nov 2017

Bernitsas Law advises Intrum Justitia on their purchase of €1.5bn NPLs from Eurobank

Bernitsas Law advised Intrum Group on the acquisition of a €1.5bn NPLs portfolio from Eurobank and on the servicing arrangements for the portfolio. The agreement for the sale and purchase of the portfolio was signed on 5 October 2017 and the transaction closed on 13 November 2017.

Intrum is a leading European credit management services group. Eurobank is one of Greece’s four systemic banks and listed on the Athens Exchange. Intrum is a leading European credit management services group.

Athanasia Tsene led the Bernitsas Law team.