MyCredit together with Balbec Capital has acquired an NPL credit portfolio from BCC Agrobresciano

Milan, 8 October 2020 – MyCredit SpA, a company specialising in the investment and enhancement of NPL and UTP assets and portfolios, and Balbec Capital LP, a private investment company operating on a global scale, announce that they have acquired a portfolio of NPL loans with a GBV of €10 million from BCC Agrobresciano, almost entirely secured and guaranteed by residential assets. Securitisation Services S.p.A. has been chosen as the master servicer for the portfolio, while MyCredit S.p.A. will act as subservicer.