PQH, the special liquidator for all credit and financial institutions in special liquidation in Greece, announces the signing of sale and transfer agreements for the Alphabet loan portfolios with a total book value of €4.8 billion.

More specifically:

• the Alphabet Secured Loan Portfolio with a Retail Book Value of €1.4 billion has been sold to the combination of "Fortress Investment Group (UK) Ltd" and Bain Capital Credit LP",
• the Alphabet Secured Commercial Loan Portfolio with an Accounting Value of €2.1 billion was awarded to a company managed by Bracebridge Capital, LLC.
• the Alphabet Unsecured/Constrained Portfolio of Alphabet Unsecured/Constrained Loans with an
• An accounting value of €1.3 billion was awarded to Fortress Investment Group (UK) Ltd.
  completion of the transfers is subject to the usual conditions for similar transactions.

Morgan Stanley & Co. International plc acted as financial adviser and PotamitisVekris law firm acted as legal adviser to PQH.