National Bank sells NPLs portfolio to Bain Capital for 1.6 billion euros
National Bank Group on Friday announced the completion of a transaction for the disposal of a non-performing, predominantly secured, corporate loan portfolio to the investment firm Bain Capital Credit (Bain Capital) for a total principal amount of 1.6 billion euros.
In an announcement, National Bank said that Morgan Stanley & Co. International plc acted as financial advisor, Karatzas & Partners and Milbank LLP as local and international external legal counsel, respectively, and Deloitte Greece as transaction and accounting advisor to NBG.
