DARP SPV EOS II

active

The Project entails setting up a new regional facility in ECA, under IFC’s Distressed Assets Recovery Program (DARP), to acquire and resolve secured 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 Bosnia and Herzegovina (BiH), Croatia, Romania and Serbia (Target Markets). The proposed facility will have US$150 million equivalent in EUR in available committed capital, of which IFC will commit US$75 million and EOS will commit US$75 million (DARP NPL EOS II) (the Project).