PannonHitel sold a mixed non-performing receivable portfolio with a face value of €36m to EOS.
Deloitte acted as exclusive financial and legal advisor to PannonHitel.
Our Expert's thoughts:
"The sale of PannonHitel's non-performing receivable portfolio was a unique transaction in a sense that despite the smaller portfolio size the client hired Deloitte as a professional advisor to facilitate the transaction. Over the course of the transaction Deloitte supported its client with both financial and legal advisory services. As part of an exceptionally effecient process we managed to successfully close the transaction within 3 months from starting the transaction preparation. We believe that the success of this transaction pointed out that Deloitte's experience and market knowledge can create value for our clients even in case of smaller secondary market transactions."