LJUBLJANA (Slovenia), August 31 (SeeNews) – Slovenia's ‘bad bank’, the Bank Assets Management Company (DUTB), said it is inviting tenders for the purchase of claims worth 30.1 million euro ($33.5 million) on behalf of Amsterdam-based Sofia Portfolio BV in three companies, two of which are based in Bulgaria and one in Cyprus.
The bank intends to sell off Sofia Portfolio BV's claims from credit agreements, including accrued interest and accessory rights, in companies Byala 1 EOOD, Dieci SA AD and Deltonco Enterprises Limited, DUTB said in a statement on Tuesday.
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The portfolio of claims in Byala 1 EOOD and Dieci SA AD, both based in Sofia, amount to 10.98 million euro and 12 million euro, respectively, and refer to claims under a loan agreement. In Cyprus-based Deltonco the claims add up to 7.1 million euro.
In the event that the contract should be signed, the amount of these claims shall increase by the relevant amount of charges and interest accrued until the relevant payment date, DUTB noted.
Bidders should submit their binding offers by September 13.
DUTB was established in March 2013 as a government-owned company in aim of facilitating the restructuring of local banks because they were facing severe solvency and liquidity problems.
($=0.8981 euro)