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LJUBLJANA (Slovenia), January 18 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), said it is extending the deadline for submitting binding offers for the purchase of 16.4 million euro ($20.0 million) of claims held against local company Mestna Vrata.
The company is doing business in real estate, transport, catering, trade, brokering, construction, entertainment, and renting services, DUTB said in a statement on Wednesday.
DUTB intends to sell off a bundle of claims held against Mestna Vrata, including accrued court fees, interest and accessory rights held against the company.
The Mestna vrata claims are secured with pledged real estate, specifically a hotel located in the Maribor city area. The hotel has a gross floor area of 17,267.32 m2, over 70 rooms, a restaurant and multiple congress facilities.
The deadline for submitting binding offers is March 6, 2018.
DUTB was established in March 2013 as a government-owned company with the aim of facilitating the restructuring of local banks facing severe solvency and liquidity problems.