The Global Mid-Market Specialist
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.
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