doValue S p A: NEW SERVICE AGREEMENTS FOR OVER 2.0 BILLION EUROS IN THE FIRST MONTHS OF THE YEAR

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Press release

DOVALUE: NEW SERVICE CONTRACTS FOR OVER 2.0 BILLION EUROS

FIRST MONTHS OF THE YEAR

Rome, April 28, 2021 – doValue, the leading operator in Southern Europe in credit management and real estate services for banks and investors (“doValue” or “the Group”), announces that it has signed new service agreements with the main global credit investors and banks for a total claim of over 2.0 billion euros of GBV (gross book value) since the start of 2021. They consist of:

  • Two portfolios of 2 Spanish banking institutions for the management of NPLs for a total of approximately 1.1 billion euros
  • Two AMCO portfolios for the management of NPLs and UTPs for a total of approximately 500 million euros following a competitive process launched by AMCO after the acquisition of the MPS portfolio;
  • doValue Greece increased its assets under management following the expansion of a portfolio already managed for an existing client by a 200 million euros;
  • The Efesto UTP fund, exclusively managed by Italfondiario as a special manager, added 250 million euros loans from other Italian banks beyond the top five, confirming the appeal of the innovative structure aimed at maximizing value for banks, deconsolidating exposure and restructuring loans to value SMEs. With more than 120 debtors on the platform, both real estate and corporate, including medium-small tickets (between 0.5 and 3.0 million euros), Efesto has achieved positive results in terms of restructuring agreements and collection, standing out as a flexible platform with a new asset management model that will attract other banks and other loans from existing banks subscribed to the fund.

In addition, doValue Greece has successfully completed the integration of the Icon portfolio for approximately 2.6 billion euros (gross book value) signed and announced in 2020.

These new service contracts to come in the first months of the year mark significant progress towards reaching the end-of-year objective of 7 to 9 billion euros in new contracts for the Group and confirm the outlook. positive results from the credit management and property management markets. .

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doValue SpA

doValue, formerly doBank SpA, is the leading operator in Southern Europe in credit management and real estate services for banks and investors. Present in Italy, Spain, Portugal, Greece and Cyprus, doValue has over 20 years of industry experience and manages assets of around 160 billion euros (gross book value) with around 3,200 employees. an integrated range of services: special NPL, PTU, anticipated arrears and line items, real estate services, basic services, data processing and delivery and other ancillary services. doValue is listed on the MTA (Mercato Telematico Azionario) operated by Borsa Italiana SpA and, including the acquisition of

Altamira Asset Management and doValue Greece recorded preliminary gross revenue of approximately € 418 million in 2020 and EBITDA excluding non-recurring items of approximately € 125 million.

Contact information

Image construction

Investor relations – doValue SpA

Simona Raffaelli – Lucia Saluzzi

06 47979154

[email protected]

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Warning

doValue SpA published this content on April 28, 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unchanged, on April 28, 2021 05:44:01 AM UTC.



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