July 24, 2017

$1 Billion FDIC Loan Sale

On behalf of the FDIC, DebtX is pleased to announce the sale of $1 billion of performing and non-performing loans from the First NBC Bank receivership (New Orleans, LA).  The portfolio will be offered in seventeen pools containing the following loan types:  C&I, C&I with Real Estate, Participations, SBA, USDA, Residential and Consumer.

Due diligence materials are available to registered FDIC investors on the DebtX platform.

Final bids are due before 1:00 p.m. EDT on September 26, 2017.

For more information please contact Ken Daley at (617) 531-3428 or Michael Capozzi at (617) 531-3454 or FDIC-FNB17@debtx.com.