November 27, 2017 / 4:57 PM / 20 days ago

BRIEF-Italy's UniCredit sells 715 mln euro bad loan portfolio

Nov 27 (Reuters) - UniCredit says:

* SIGNED DEAL WITH MBCREDIT SOLUTIONS AND CERBERUS FOR SALE OF UNSECURED AND SECURED BAD LOAN PORTFOLIO WITH GROSS BOOK VALUE 715 MILLION EURO

* IMPACT OF DEAL TO BE REFLECTED IN Q4 2017 RESULTS Further company coverage: (Reporting by Milan newsroom)

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