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Eurocastle Investment Limited

Eurocastle Investment Limited

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Publicatie datum 05 jan 2016 - 08:00
Statutaire naam Eurocastle Investment Limited
Titel Eurocastle Announces an Investment in Two Non-Performing Loan Portfolios and the Sale of the Zama Portfolio
Bericht Guernsey. 5 January 2016 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle" or the "Company") announces that the Company has acquired a 25% share in two portfolios of non-performing loans with a combined Gross Book Value ("GBV") of approximately €96 million from two different sellers. Portfolio #1 consists of 108 borrowers and is approximately 63% secured by first lien mortgages. Portfolio #2 consists of unsecured residual leasing contracts to 320 borrowers.