Banca Nazionale del Lavoro S.p.A. transferred a portfolio of non-performing loans to ERA UNO S.r.l. as part of a credit sale agreement, aiming to enhance balance sheet stability and capitalize on market recovery opportunities.
Target Information
On January 15, 2021, Banca Nazionale del Lavoro S.p.A. acted as the seller while ERA UNO S.r.l. served as the purchaser in a credit transfer agreement based on Articles 1, 4, and 7.1 of Law no. 130 of April 30, 1999. Through this agreement, ERA UNO S.r.l. acquired all claims from Banca Nazionale del Lavoro S.p.A., encompassing principal, interest (including overdue amounts), auxiliary costs, damages, indemnities, and any other related amounts arising from financing contracts, both unsecured and secured, as well as current account overdrafts that occurred between the years 1984 and 2015.
The sale of these credits has been officially announced through a notice published in the Gazzetta Ufficiale (Part II) no. 12 on January 28, 2021. According to Article 7.1, paragraph 6 of Law no. 130, relevant details of the transferred claims will be provided in an attached document.
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The information regarding the transferred claims will remain accessi
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ERA UNO S.r.l.
invested in
Banca Nazionale del Lavoro S.p.A.
in 2021
in a Other Private Equity deal