21st Austria weekly - Bawag Frequentis Kontron 08/12/2023 [pic1]Bawag: Dexia and Bawag announced that they have signed a sale purchase agreement allowing Group to buy Crédit Local s five non-regulated leasing entities. This transaction will enable BAWAG refinance roughly EUR 750 million portfolio from Local. The assets being refinanced are comprised of approximately 80 contracts mainly public sector related counterparties. No employees be transferred as part this agreement. is expected close during the first quarter 2024. It non-significant impact on Dexia s solvency. Detailed financial impacts disclosed when closes.Bawag:
21st Austria weekly - Bawag Frequentis Kontron 08/12/2023 [pic1]Bawag: Dexia and Bawag announced that they have signed a sale purchase agreement allowing Group to buy Crédit Local s five non-regulated leasing entities. This transaction will enable BAWAG refinance roughly EUR 750 million portfolio from Local. The assets being refinanced are comprised of approximately 80 contracts mainly public sector related counterparties. No employees be transferred as part this agreement. is expected close during the first quarter 2024. It non-significant impact on Dexia s solvency. Detailed financial impacts disclosed when closes.Bawag:
21st Austria weekly - Bawag Frequentis Kontron 08/12/2023 [pic1]Bawag: Dexia and Bawag announced that they have signed a sale purchase agreement allowing Group to buy Crédit Local s five non-regulated leasing entities. This transaction will enable BAWAG refinance roughly EUR 750 million portfolio from Local. The assets being refinanced are comprised of approximately 80 contracts mainly public sector related counterparties. No employees be transferred as part this agreement. is expected close during the first quarter 2024. It non-significant impact on Dexia s solvency. Detailed financial impacts disclosed when closes.Bawag:
21st Austria weekly - Bawag Frequentis Kontron 08/12/2023 [pic1]Bawag: Dexia and Bawag announced that they have signed a sale purchase agreement allowing Group to buy Crédit Local s five non-regulated leasing entities. This transaction will enable BAWAG refinance roughly EUR 750 million portfolio from Local. The assets being refinanced are comprised of approximately 80 contracts mainly public sector related counterparties. No employees be transferred as part this agreement. is expected close during the first quarter 2024. It non-significant impact on Dexia s solvency. Detailed financial impacts disclosed when closes.Bawag: