August 11, 2017 / 8:36 AM / 13 days ago

BRIEF-Eurocastle buys Italian performing and sub-performing loan portfolio

Aug 11 (Reuters) - EUROCASTLE INVESTMENT LTD:

* REG-EUROCASTLE INVESTMENT LIMITED: EUROCASTLE ANNOUNCES ACQUISITION OF ITALIAN PERFORMING AND SUB-PERFORMING LOAN PORTFOLIO

* CLOSED ON ACQUISITION OF PORTFOLIO OF ITALIAN PERFORMING AND SUB-PERFORMING LOANS WITH A GROSS BOOK VALUE OF ABOUT EUR 234 MILLION

* EXPECTS TO INVEST BETWEEN EUR 10 AND EUR 20 MILLION, AFTER FINANCING, TO BE FUNDED IN Q4 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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