NPL, AT1 sales buttress Bank of Cyprus’s capital

Asad Ali,

Jasper Cox

September 03, 2018 11:15 AM

Cyprus_Adobe_230x150 — euro coin with national flag of cyprus on the euro money banknotes background. finance concept | luzitanija - stock.adobe.com

Fund investors have taken on the senior debt supporting a €1.4bn acquisition of a Bank of Cyprus non-performing loan portfolio by Apollo Global Management last week, despite its lack of a rating.

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Topics

EMEA People and Markets Bank Strategy Cyprus Bank Capital RMBS Securitization EM People and Markets FIG People and Markets Europe Securitization People and Markets Emerging Markets FIG

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Asad Ali

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Jasper Cox