According to the Bank’s website, the Project entails setting up a facility in Poland, under IFC’s Distressed Assets Recovery Program (DARP), to acquire and resolve retail and SME/corporate non-performing loans (NPLs) and distressed real estate assets and real estate owned (REO) assets on the banks’ balance sheets (Target Assets), together with EOS Holding GmbH or a 100% subsidiary of it (EOS or the Sponsor). This facility will acquire Target Assets both in the primary and secondary distressed assets markets in Poland (Target Market). The proposed facility will have US$300 million equivalent in EUR in available committed capital, of which IFC will commit US$150 million and EOS will commit US$150 million (DARP NPL EOS III) (the Project).
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|DARP SPV EOS II
EOS Holding GmbH
+49 40 2850 1969
Steindamm 71, 20099 Hamburg, Germany
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