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Piraeus Bank and Intrum sign a binding agreement for the Phoenix NPE portfolio
Following the announcement of a binding commitment letter on 1st September 2020, Piraeus Bank S.A. and Intrum AB have now signed a binding agreement for the sale of thirty percent (30%) of the mezzanine notes of the “Phoenix” securitiza-tion, which amounts to €1.92bn gross book value. It is noted…