Czabanski & Galuszynski has advised Bank Handlowy w Warszawie S.A. on the sale of an NPL portfolio to two investment funds, acting through securitization funds.
The portfolio, worth over PLN 76.5 million, consisted of unsecured and secured claims against individuals, including entrepreneurs, as well as civil law partnerships and commercial companies.
According to a Czabanski & Galuszynski press release, its team prepared tender documents, including tender procedure, as well as a set of transaction documents for Bank Handlowy, and also participated in the work of Bank Handlowy's tender committee established for the purpose of carrying out this transaction.
The Czabanski & Galuszynski team consisted of Attorney at Law Karolina Turko and Associate Krzysztof Szulc.
Czabanski & Galuszynski did not reply to our inquires about the deal.
