A €142.5m Portuguese non-performing loan securitisation has hit the market. Dubbed Hefesto STC, the transaction is backed by a portfolio of secured and unsecured NPLs originated by Caixa Economica Montepio Geral.
The majority of loans in the portfolio defaulted between 2011 and 2017 and are in various stages of the resolution process.
Not yet registered? Join today to access SCI Content.