APS Closes Acquisition of Czech Retail NPL Portfolio

APS Holding S.A. successfully completed the acquisition of a portfolio of unsecured retail receivables originally owned by KRUK Česká a Slovenská republika s.r.o.

APS Investments s.r.o., acting as the underwriter, successfully arranged the acquisition of an unsecured consumer loan portfolio by entities controlled by APS Holding S.A., including APS CREDIT FUND SICAV, a.s. The transaction comprises approximately 45,000 consumer loans with a nominal value of CZK 1.6 billion, with clients located in the Czech Republic.

Through this transaction, APS Holding S.A. continues to play an active role in the ongoing consolidation of the non-performing loan market in the Central and Eastern European region. From the perspective of APS CREDIT FUND SICAV, a.s., the project represents a significant step toward further diversification of the fund’s assets, while providing exposure to the retail consumer receivables segment amid improving economic conditions among Czech households. The transaction offers investors an opportunity to participate in the continued recovery and growth of the Czech economy, while supporting responsible financial solutions for individual clients.

Long-term servicing of the acquired portfolio will be provided by APS CZ&SK SERVICES s.r.o., a licensed servicer regulated by the Czech National Bank.

Peter Janusek, CFA, CIPM, transaction manager, stated:
“I would like to thank the entire team for the successful closing of the transaction and the KRUK team for fair and transparent cooperation. I’m pleased we secured a high-quality investment opportunity with stable cash flows and an attractive return for our investors in the Czech Republic.”

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