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BRIEF-Publity receives additional mandate to exploit EUR 831 mln NPL portfolio
February 23, 2017 / 8:17 AM / in 8 months

BRIEF-Publity receives additional mandate to exploit EUR 831 mln NPL portfolio

Feb 23 (Reuters) - Publity AG:

* Additional mandate to exploit a further NPL portfolio with receivables of around 831 million euros ($876.87 million)

* Volume of total NPL portfolio assigned to pPublity for servicing has thus increased to around 3.2 billion euros

* Portfolio includes approx. 980 real estate loans

* As part of servicing agreement Publity will take over processing and exploitation of transferred portfolio for a 5-year period and will participate substantially in exploitation income

Source text for Eikon: Further company coverage: ($1 = 0.9477 euros) (Gdynia Newsroom)

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