Montepio Geral prepping new NPL securitization

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Montepio Geral prepping new NPL securitization

Montepio
PH9M6J das Logo der Marke "Montepio", Nazare, Portugal. | Alamy Stock Photo

Caixa Económica Montepio Geral is to bring Ares Lusitani, the second issuance of Portuguese non-performing loans (NPLs), with JP Morgan arranging the €70m deal backed by residential and commercial properties located in Portugal.

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