Intesa Sanpaolo, Prelios to securitize 'unlikely-to-pay' loans

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Intesa Sanpaolo, Prelios to securitize 'unlikely-to-pay' loans

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Intesa Sanpaolo and Prelios have formed a partnership focusing on unlikely-to-pay (UTP) loans, a subset of the non-performing loan sector, aiming to securitize a €3bn portfolio of UTP loans made to small and medium sized enterprises.

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