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HBK Partners and Sarhegyi and Partners Advise on MKB Bank NPL Portfolio Sale

HBK Partners and Sarhegyi and Partners Advise on MKB Bank NPL Portfolio Sale

Hungary
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HBK Partners has advised MKB Bank on the sale of its non-performing retail mortgage loan portfolio, secured mostly by residential mortgages, to MKK Hungarian Debt Management Company. Sarhegyi and Partners has advised MKK Zrt. on the acquisition. The face value exceeded EUR 300 million.

The transaction consisted of a two-phase auction sale bidding process organized among international and Hungarian institutional players on the NPL market, including banks, investment banks, and loan management firms. 

The HBK Partners team was led by Partners Marton Kovacs and Dora Halapi, supported by Associates Judit Szentmihalyi and Tamas Nemcsak.

 

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DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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