ANNOUNCEMENT
8 January 2026
Announcement
Cairo Mezz Plc informs the investment public of the following notice, published on Vienna MTF by Cairo No.3 Finance DAC:
“NOTICE IS HEREBY GIVEN to the Noteholders that, on 31 December 2025, the Issuer entered into a loan portfolio sale and purchase agreement (the “LSPA”) with a purchaser (the “Purchaser”) pursuant to which the Issuer has agreed to sell a portion of the Loan Portfolio comprised mainly of non-performing secured corporate loans (with related exposures of the borrowers, co-borrowers or guarantors) and having a Total Claim of EUR 5,699 million as at 31 December 2024, being the cut-off date for such sale (the “Sold Portfolio”, and the transaction as a whole, the “Sale”).
The total legal claim of the Loan Portfolio remaining following completion of the Sale is approximately EUR 740m as at 31 December 2024.
The Sale is expected to close on or about 9 February 2026 (the “Closing Date”), subject to the satisfaction of conditions precedent.
The Sale constitutes a Loan Portfolio Sale carried out in accordance with Clause 6 (Loan Portfolio Sale) of the Servicing Agreement. The net consideration received by the Issuer at the Closing Date in respect of the Sale shall constitute Collections and shall be applied in accordance with the Pre-Acceleration Priority of Payments on the Interest Payment Date following the Quarterly Collection Period in which the Closing Date occurs, including to make payments on the Class A Notes.”
The link to the notice can be found below:
Cairo Mezz Plc shall make further announcement if it is informed of any significant developments in relation to the abovementioned Loan Portfolio Sale.
Cairo Mezz Plc