UTP - Unlikely To Pay
UTP - Unlikely To Pay
doNext is the doValue Group company specializing in the management of UTP, Unlikely To Pay - a type of loans that offer significant value-enhancement opportunities as they involve companies experiencing financial distress, but still showing promising prospects for relaunch and recovery, including through the recourse to new finance.
UTPs are loans considered unlikely to be recovered without specific interventions However, with a proper management, they can return to a “performing” status again.
A proactive approach to credit management can benefit both banks and investors, as well as the companies involved, which may see their businesses relaunched.
The UTP Servicing activity is handled by doNext with a highly specialized team. The objective is to restore companies' ability to generate cash flow, enabling their loans to become to "performing" once again. UTPs management is particularly efficient when the portfolio includes SMEs with exposures to different Banks, which can benefit from delegating the restructuring process to a single Servicer.
Recently, doNext, part of the doValue Group, signed major agreements with leading national Banks for the management of UTP exposures.
UTPs are loans considered unlikely to be recovered without specific interventions However, with a proper management, they can return to a “performing” status again.
A proactive approach to credit management can benefit both banks and investors, as well as the companies involved, which may see their businesses relaunched.
The UTP Servicing activity is handled by doNext with a highly specialized team. The objective is to restore companies' ability to generate cash flow, enabling their loans to become to "performing" once again. UTPs management is particularly efficient when the portfolio includes SMEs with exposures to different Banks, which can benefit from delegating the restructuring process to a single Servicer.
Recently, doNext, part of the doValue Group, signed major agreements with leading national Banks for the management of UTP exposures.
The team
We are always looking for qualified professionals who can find in the Group a dynamic and stimulating reality in continuous growth.
The composition of the team is multidisciplinary, specializing both in turnaround activities, distressed M&A and private equity-style management, as well as in out-of-court liquidation activities and in the structuring of composition procedures.
The composition of the team is multidisciplinary, specializing both in turnaround activities, distressed M&A and private equity-style management, as well as in out-of-court liquidation activities and in the structuring of composition procedures.
Why join our team?
In the doValue Group we take care of people's satisfaction and offer continuous training opportunities, for the enhancement and development of skills.
We are strongly convinced of the importance of the value that everyone can bring within the Group.
We are strongly convinced of the importance of the value that everyone can bring within the Group.
Efesto fund, a success case
A success case for doNext in the UTPs (Unlikely-to-Pay loans) management is the design of an innovative structure that enabled the transfer of UTP exposures from multiple banks to a specialized investment fund. This was the first operation in the market involving corporate exposures from various business sectors.
The Efesto Fund: a case of success
