UniCredit announces that, through its subsidiary UniCredit Consumer Financing IFN S.A. of Bucharest, Romania, it has reached an agreement with InvestCapital LTD of Malta, part of KRUK Group, to sell debt portfolios composed by unsecured consumer loans, with an aggregate nominal value of up to RON 240millions (approximately 48.5 euro millions) granted by UniCredit Consumer Financing IFN S.A. to its individual customers.
The Agreement stipulates that the debt portfolios will be purchased in 24 monthly tranches.
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