Radar > 222247

Banco Sabadell puts Proyecto Cadí up for sale with NPLs worth EUR 250m

Banco Sabadell pone a la venta el Proyecto Cadí que incluye EUR 250m de préstamos fallidos

Intel ID : 222247
Synopsis

Spain-based bank Banco Sabadell, through its subsidiary Solvia put Proyecto Cadí up for sale, a portfolio of non-performing loans to Realtors, valued at EUR 250m.

This transaction is part of Banco Sabadell's divestment strategy of non-performing assets.
(content in spanish)

La entidad financiera Banco Sabadell, a través de su filial Solvia, ha puesto a la venta el Proyecto Cadí, un portafolio compuesto por préstamos fallidos a promotores inmobiliarios y que tienen un valor de aproximadamente EUR 250m.

Esta operación se incluye en la estregia de la entidad financiera de desinversión en activos financieros fallidos.

Target

Seller

Ultimate Owner (Seller)


Intel ID 222247
Value EUR 250,00m
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Ultimate Owner (Seller)

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
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.