Country: Germany
Entry: 2020
Transaction Type: Corporate Liquidation Claims
Portfolio of 18 distressed corporate single names purchased from German lender at deep discount to conservative expected recoveries
Late-stage, multi-jurisdiction (predominantly Germany, but including other EU, US, MiddleEast, Latam) and multi-sector (shipping, construction, energy, life insurance) book of non-performing exposures
Purchase price fully covered by recoveries that are either cash-backed or from AAA sovereign obligors with material upside from pro-active recovery and earlier resolution (e.g. by instigating new legal proceedings)
FEDAIA EDGE
Opportunity Identification
Deal team expertise & local know-how