LJUBLJANA (Slovenia), October 18 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), said it is inviting binding offers for the purchase of 16.5 million euro ($19.4 million) of claims held against Croatia's trade, real estate and tourism firm A.M.T. Moderna.
DUTB intends to sell off its entire portfolio of claims held against A.M.T. Moderna, , including accrued court fees, interest and accessory rights, the 'bad bank' said in a statement on Tuesday.
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The bidding deadline is November 10.
DUTB was established in March 2013 as a government-owned company with the aim of facilitating the restructuring of local banks facing severe solvency and liquidity problems.
($=0.850439 euro)