Credit Servicing Undertaking for
CORINTH FINANCIAL INVESTOR
DESIGNATED ACTIVITY COMPANY
We inform you that on 13.05.2024 companies “CAIRO NO. 1 FINANCE DESIGNATED ACTIVITY COMPANY” and “CAIRO NO. 2 FINANCE DESIGNATED ACTIVITY COMPANY”, registered in the Republic of Ireland (Fourth Floor, 3 George’s Dock, IFSC, Dublin 1, Ireland), with company registration numbers 649076 and 649096 respectively (hereinafter “Transferrers”) proceeded with the sale and transfer of their claims to debt acquisition company “CORINTH FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY”. The credit servicing of the aforementioned claims, sold and transferred by the Transferrers to CORINTH FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY will still be performed by doValue Greece in its capacity as servicer, acting henceforth by order and on behalf of CORINTH FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY.
Specifically, in accordance with the provisions of Article 21(7) of Greek Law 5072/2023, as in force, on 13 May 2024 (hereinafter “Transfer Date”), the Transferrers proceeded with the sale and transfer of their claims from all types of loans and/or debt to the debt buyer “CORINTH FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY”, registered in Dublin, Republic of Ireland (Cape House, 1st floor, Westend Office Park, Snugborough Road, Blanchardstown, Dublin 15) with registration number 751886 (hereinafter “New Beneficiary”).
A summary of the relevant sale and transfer agreements has been registered in the Public Register of Article 3 of Law 2844/2000 of the Athens Pledge Registry, as follows:
(a) the sale and transfer of claims by Cairo No. 1 Finance Designated Activity Company was registered under agreement publication document registration act no.324/13.05.2024 of Article 21(7) of Law 5072/2023 (Volume 18, No. 3) and agreement publication document registration act no.326/13.05.2024 of Article 21(7) of Law 5072/2023 (Volume 18, No. 5), and
(b) the sale and transfer of claims by Cairo No. 2 Finance Designated Activity Company was registered under agreement publication document registration act no.325/13.05.2024 of Article 21(7) of Law 5072/2023 (Volume 18, No. 4) and agreement publication document registration act no.327/13.05.2024 of Article 21(7) of Law 5072/2023 (Volume 18, No. 6).
As a result of the above, as of the Transfer Date, the New Beneficiary became the beneficiary of all claims stemming from the relevant agreements (including any guarantees, collateral and any other spillover rights) and shall exercise all relevant rights henceforth. Moreover, upon acquiring the aforementioned rights, the New Beneficiary assigned their servicing to doValue Greece Loan and Credit Claim Management Company SA, in the context of the relevant agreement between them on assigning credit servicing, in accordance with the provisions of Article 14(7) of Law 5072/2023, as in force (hereinafter the “Servicer”). A summary of the relevant credit servicing agreement has been registered in the Public Register of Article 3 of Law 2844/2000 of the Athens Pledge Registry under registration act no. 328/13.05.2024 (Volume 18, No. 7).
As a result of the transfer of the claims, in accordance with the provisions of Law 5072/2023, and the assignment of their servicing to the Servicer, the personal data of natural persons connected to these claims in any capacity (for example: borrowers, debtors, co-debtors, guarantors, third-party collateral offerers, special or universal successors of the above, and/or natural persons potentially related to the above, such as legal entity partners or their legal representatives, shareholders and true beneficiaries that are legal persons or entities, proxies, representatives, employees/associates, family members, lawyers or proxies of the above, notaries, bailiffs, as well as people against whom the New Beneficiary is entitled to collect the claims, e.g. third parties against whom seizure or the right of offset may be imposed) (hereinafter “Data Subjects”) were transferred from the Servicer to the New Beneficiary, by order and on behalf of the SPVs, and shall be processed by the Servicer, as assigned by the New Beneficiary, in the context and for the purposes of their servicing.
As of the Transfer Date, and for as long as the beneficiary of the claims is the New Beneficiary, the Servicer shall process the personal data of the Data Subjects, acting as an independent data controller, specifying independently from the New Beneficiary the purposes for and means of personal data processing. All relevant information on the processing of personal data by the Servicer (such as personal data categories, sources, purpose and legal basis for processing, rights for the protection of personal data, recipient categories, period kept, etc.), is described in the document entitled “Personal Data Processing Notice pursuant to Regulation (EU) 2016/679 and the relevant Greek legislation” of the Servicer, which is available here.
To the extent that the New Beneficiary proceeds with personal data processing, all relevant information (such as personal data categories, sources, purpose and legal basis for processing, rights for the protection of personal data, recipient categories, period kept, etc.) is described in the document entitled “Privacy Notice – CORINTH FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY”.
For any other questions regarding the transfer of claims to the New Beneficiary, as well as their credit servicing in general, you may contact doValue Greece Loan and Credit Claim Management Company SA: by phone on the special debtor Hotline on +30 210 4847500 and via email to [email protected].
