In a release sent to CMVM, Novo Banco explains that it «signed a pre-contract agreement with entities indirectly managed by funds belonging to Anchorage Capital Group L.L.C., an investment society headquartered in New York, for the sale of a real estate assets portfolio, designated as “Projeto Viriato”».
Once the sale is concluded, which is expected to be until the end of the year, the management of this portfolio should be undertaken by Lace Investment Partners and by a team of servicers, which will hire up to 30 Novo Banco employees.