Live Breaking News & Updates on Giovanardi Studio Legale

Stay updated with breaking news from Giovanardi studio legale. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

illimity Bank S.p.A.: Closing of illimity SGR's First Fund, the illimity Credit & Corporate Turnaround Fund, Sells UTP Credit Positions of Over 200M Euro

(0)
Fund Aims to Assist SMEs With Restructuring and Growth Path Potential While Generating Greatest Value for All Investors
MILAN, Italy, April 01, 2021 (GLOBE NEWSWIRE) via InvestorWire illimity SGR, the illimity Group s asset management company created to set up and manage alternative investment funds, has completed the first closing of illimity Credit & Corporate Turnaround (the
Fund or
iCCT )-a contribution fund dedicated to investments in unlikely to pay ( UTP ) loans to SMEs with revival and relaunch prospects.
The initial portfolio consists of loans for a gross total of over 200 million euro made to 33 companies operating in highly diversified sectors. These loans have been sold by seven banks and banking groups (Banca Popolare di Sondrio, Banca Sella, Banco Desio, Bnl Gruppo Bnp Paribas, BPER Gruppo, Gruppo Bancario Cooperativo Iccrea, Gruppo La Cassa di Ravenna), which have then become unit holders in the Fund. ....

Paola Tondelli , Banca Sella , Bnl Gruppo Bnp Paribas , Gatti Pavesi Bianchi Ludovici , Isabella Falautano , Silvia Benzi , Gruppo Bancario Cooperativo Iccrea , Sara Balzarotti , Banca Finint , Banco Desio , Francesca Damico , Credit Corporate Turnaround Fund , Wire Service Contact , Credit Corporate Turnaround The Fund , Fund Aims To Assist Smes With Restructuring , Management Team , Fund Aims , With Restructuring , Banca Popolare , Gruppo La Cassa , Corporate Turnaround Fund , Giovanardi Studio Legale , Studio Ludovici , Studio Gatti Pavesi Bianchi Ludovici , Service Contact , பாங்கா செல்ல ,