News

Announcement regarding Portfolio Transfer & Personal Data Information Notice

Written by Quant[EN] | Nov 28, 2025 8:21:48 AM

We hereby inform you, on behalf of and under the instruction of the contracting parties listed below, that an agreement has been concluded between the foreign company Asopus LP, incorporated in the State of Delaware, USA, as the Transferor, and the foreign company Hoist Finance S.à r.l., established in Luxembourg, as the Acquirer, for the sale and transfer of a portfolio of claims arising from all types of loans and/or credits (the “River” Portfolio). This portfolio comprises active and outstanding claims from the existing portfolio, known as “Mirror”, which is managed by QQuant Master Servicer Servicing of Loans and Credits Single Member S.A. (the “Claims Manager”).

This transfer does not affect the position of borrowers, nor will it result in any change to their rights and obligations in relation to the claims. All relevant legislation continues to apply, particularly that relating to the performance of contracts, consumer protection, and borrowers’ rights.

In the context of this transfer, and in accordance with the provisions of the General Data Protection Regulation (EU Regulation 2016/679) (GDPR), Law 4624/2019 and Law 5072/2023, the Transferor, acting as the data controller, will, upon completion of the transaction, transmit to the Acquirer—through the Claims Manager—the personal data necessary concerning the debtors of the River Portfolio for collection and management of the transferred claims. In particular, the personal data of any natural person involved as a debtor or guarantor of the transferred loan claims, as well as natural persons connected to these claims in any capacity, will be transmitted to the Acquirer by the Claims Manager on behalf of and under the instruction of the Transferor.

Such data may include, indicatively, personal data of individuals who are representatives or board members of a legal entity that is a debtor or guarantor; borrowers; guarantors; third parties providing security; universal or special successors (heirs) of the foregoing; partners of legal entities; members of collective management bodies of legal entities or their lawful representatives; shareholders and beneficial owners of legal entities or entities; attorneys; agents; employees/associates; family members; lawyers or authorised representatives of the above; notaries; bailiffs, etc. This transmission will be carried out for the purpose of executing the transfer agreement and assigning the management of the transferred claims to the Claims Manager.

The legal basis for the processing is the legitimate interest of the Transferor (Article 6(1)(f) GDPR) in engaging in lawful commercial transactions and portfolio transfers, and ensuring the smooth and lawful completion of the transaction.

Borrowers may exercise their rights concerning the transmission of their personal data, as provided by law, by contacting the Claims Manager on behalf of the contracting parties, in accordance with the Claims Manager’s Personal Data Protection Policy (https://www.qquant.gr/en/personal-data-protection-policy).