KM Financial Solutions | Italy’s Pop Bari, others make progress on 1.6 bln euro bad loan deal-source
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Italy’s Pop Bari, others make progress on 1.6 bln euro bad loan deal-source

Italy’s Pop Bari, others make progress on 1.6 bln euro bad loan deal-source

Popolare di Bari and other
regional banks, including Popolare di Puglia e Basilicata, are
close to receiving the assessment of credit rating agencies on a
deal to offload 1.6 billion euros ($1.8 billion) in bad loans, a
source familiar with the transaction said.

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