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Project Babylon

2020

In a joint transaction 11 financial institution under liquidation sold their performing and non-performing loan portfolios to numerous buyers. The aggregate gross exposure of the performing and non-performing portfolios amounted to HUF 10.3 billion and HUF 157.8 billion, respectively. Deloitte Legal acted as the sellers' legal and financial advisor.

Our Expert's thoughts:

“An unprecedented transaction in the CEE region filled with challenges due to the uniquely complex structure and large number of stakeholders. Deloitte Legal experts effectively led this complex process and contributed to the successful completion of the transaction.”

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