Alantra advises Banco Santander on the sale process of a €336mn unsecured mixed NPL Portfolio to Axactor

May 15, 2017

Madrid- Alantra advised Banco Santander on the sale process of a unsecured mixed NPL portfolio to Axactor, the largest servicer in Norway with more than 9 billion of assets under servicing in Spain.

The portfolio was composed of unsecured and non-performing loans of individuals and SMEs borrowers in Spain, comprising 67,653 contracts with a total outstanding balance of €336mn and 49,533 debtors from Banco Santander.

Year to date Alantra has advised on six portfolio related transactions for a total volume of c. €1.5bn.

If you wish to see Axactor’s press release, please click here.

By Yago Sánchez May 15, 2017 Corporate News, Press Releases

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