White & Case Advises Piraeus Bank on Sale of Non-Performing Exposure Portfolio
Global law firm White & Case LLP has advised Piraeus Bank, S.A., (Piraeus), one of Greece's leading 'big four' banks, on the sale and transfer of a portfolio of non-performing, denounced unsecured retail consumer and credit cards exposures equivalent to €2.238 billion total legal claims or €385 million on-balance sheet gross book value to APS Investments S.a.r.l, a leading CEE/SEE distressed debt investment advisor and manager.