April 6 (Reuters) - BANCA PICCOLO CREDITO VALTELLINESE SPA:
* SIGNS AGREEMENT WITH ALGEBRIS INVESTMENTS TO SELL NPL PORTFOLIO FOR GROSS BOOK VALUE OF OVER EUR 245 MILLION
* THE PORTFOLIO CONSISTS OF CREDIT EXPOSURES MAINLY TO REAL ESTATE COMPANIES
* OPERATION WILL HAVE NEGLIGIBLE EFFECTS ON THE INCOME STATEMENT FOR THE CURRENT YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)