Radar > 217145

Sareb puts its EUR 220m loan portfolio for sale

Sareb pone a la venta una cartera de EUR 220m en préstamos

Intel ID : 217145
Synopsis

Sareb (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria), a Spanish bank restructuring institution, has put its EUR 220m home loan portfolio up for sale. This portfolio is named Cartera Palmela. The loans in this portfolio collateral has rented dwellings located mostly in Madrid.

Among some of the possible buyers are: US-based private equity firm Blackstone and TPG Capital, as well as Spain-based Azora.
(content in spanish)

Sareb (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria) ha puesto a la venta una cartera que agrupa préstamos de viviendas por valor de EUR 220m, denominada Cartera Pamela. Los préstamos de esta cartera tienen en garantía viviendas alquiladas, ubicadas principalmente en Madrid.

Entre los posibles compradores destacan las firmas de private equity estadounidenses Blackstone y TPG Capital; así como la española Azora.

Bidder

Blackstone
United States
TPG Capital
United States

Target

Seller


Intel ID 217145
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Bidder

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

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Bidder

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

Country
Website
Description

Bidder

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

Secondary Sectors (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

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

Seller

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

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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.