Radar > 220458

Banco Mare Nostrum (BMN) puts a EUR 200m portfolio of developer loans up for sale

Banco Mare Nostrum pone en el mercado una cartera de EUR 200m de crédito promotor

Intel ID : 220458
Synopsis

Spain-based Banco Mare Nostrum (BMN) placed a portfolio of developer loans up for sale, known as Proyecto Neptune. The deal value is approximately EUR 200m, and 95% of this portfolio has real estate collateral.

Most of the assets, which include apartments, offices, stores and ground, are located in Andalucia and Murcia.
(content in spanish)

La entidad española Banco Mare Nostrum (BMN) ha sacado al mercado una cartera de crédito promotor, también conocida como C´redito Neptune, valorada en aproximadamente EUR 200m. Un 95% de la cartera tiene garantía inmobiliaria.

La mayor parte de los activos, que se componen de pisos, oficinas, comercios y suelo, están situados en Andalucía y Murcia.

Intel ID 220458
Value EUR 200,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Banco Mare Nostrum (BMN)
(31 Dec 2015)
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Tags

Seller

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

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Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.