Home Insurance Law Waterwheel Capital Administration’s Securitisation of the Photo voltaic

Waterwheel Capital Administration’s Securitisation of the Photo voltaic

0
Waterwheel Capital Administration’s Securitisation of the Photo voltaic

[ad_1]

Waterwheel Capital Administration was suggested by Koutalidis Legislation Agency on this deal to buy 95% of the category B and Class C notes issued within the Securitisation of the Photo voltaic portfolio. Waterwheel entered into binding settlement for the acquisition with the 4 originating banks, Alpha Financial institution, Eurobank, the Nationwide Financial institution of Greece and Piraeus financial institution.

Waterwheel Capital Administration, a US primarily based different funding agency based in 2017, invests with the objective to generate absolute returns on dislocated alternatives by means of focused funding autos.  They’re centered on methods, capitalising on alternatives in Greece while utilizing a worth investing method.

The Photo voltaic Portfolio has an on-balance sheet worth of roughly EUR 1.2 billion and consists of widespread non-performing exposures of company and SME loans. This securitisation is the primary of its sort in Greece involving 4 originating banks.

Koutalidis has been advising Waterwheel by means of all steps of the bidding course of and negotiation of the contractual documentation with the 4 banks.



[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here