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Guardian Expands Into Latin America

NEW YORK–Columbian company sold portfolio to a US-based debt buyer.

By David Phillips | Updated on November 14, 2013

NEW YORK–Guardian said Wednesday it successfully assisted Konfigura Capital on its sale of an $860 million non-performing loan portfolio.

The transaction included the sale of residential mortgage loans, SME and corporate loans, unsecured retail credits, and unpaid utility bills, originating in Columbia and elsewhere in Latin America. A consortium that included a large US-based debt buyer and a global multilateral credit agency acquired the assets. Specific terms of the transaction were not disclosed.

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