LJUBLJANA (Slovenia), October 2 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), said on Monday it is inviting binding offers for the purchase of claims worth a total of 14.5 million euro ($17 million) against a group of 10 Kosovo-based companies.
DUTB intends to sell off its entire portfolio of claims, including accrued court fees, interest and accessory rights, held against Birra Peja SH.A., Dukagjini SH.P.K., Gekos SH.P.K., Jona Med SH.P.K, Lesna SH.P.K., Line Group SH.P.K., N.P.T.Agro - Trade SH.P.K., Qendra Kardiale E Kosoves - SH.P.K., Tobakos SH.P.K. and N.SH.P. Mcm, it said in a statement.
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The tender is open to domestic and foreign individuals and legal entities.
The potential buyers will be able to carry out a due diligence process during the period between October 2 and October 20, while the deadline for submitting binding bids is October 23.
DUTB was established in March 2013 as a government-owned company with the aim of facilitating the restructuring of local banks facing severe solvency and liquidity problems.
($=0.850627 euro)