Securitisation.it

Italia SME Loans ad Trade Receivables Sales


The May 2016 update of the Italian SPVs Issue 2-2016 is available in the Research page.

The Report is focused on Asset Backed transactions closed in the Italian market by SPVs enrolled under Law 130/99 (the Italian Securitisation Law).

The contents of the Report have been upgraded with a new chapter: Italian SME Loans and Trade Receivables Sales that covers all the transactions backed with loans, bonds (and Minibonds) and trade receivables towards Italian SMEs.

The Report analyses a wider range of transactions than other publically available statistics, because the database includes not only public issues (as other Reports available in the Research page do) but also private deals.
Investors, Originators and all Asst Finance professionals that are involved in the Italian Asset Backed Finance industry, together with anyone who wants to gain an insider perspective on it, can benefit from a fully integrated perspective of analysis.

Chapter 1 investigates the upstream deal-flow and the health status of the pipeline of new issues, that are analysed by originator, by legal framework, by type of sale and by Asset Class.
Chapter 2 presents an updated breakdown analysis of the Italian Corporate Servicers’ activity and the distribution by Asset Class.
Chapter 3 analyses the Italian asset backed finance activity by type of issue (private vs public) and by Asset Class.
Chapter 4 covers the NPLs market activity in Italy, one of most promising and filled with growth expectations Asset Class.
Chapter 5 covers the Italian SME Loans and Trade Receivables Sales.

An Abstract of the Italian SPVs Report is available for Registered Users, while the full Report can be purchased and downloaded.

Recent Deals

Asset Class Deal Name Originator Issuer Date
PLs/CCs Sunrise 2016 Agos Ducato S.p.A. Sunrise S.r.l. 2016-06-21 

LRs Alba 8 2016 Alba Leasing Spa Alba 8 SPV Srl 2016-06-20 

Covered Bond Eur. 30 bn. ISP OBG Covered Bond Programme - 2016 - 20 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-06-17 

Covered Bond BPM 2 € 10.000.000.000 Covered Bond Programme - Series 3/2016 Banca Popolare di Milano Scarl Banca Popolare di Milano S.c.a.r.l. 2016-06-08 

Covered Bond Unicredit Spa - Eur. 25 bn OBG Programme - Series 2016-1 Unicredit Spa Unicredit SpA 2016-06-01 

2016 Asset Class Summary

Asset Class Deals # Last Update Amount % Total Amount
 RMBSs 2 2016-05-27 4.07  1,487,465,000.00 

 CMBSs 3 2016-03-30 10.70  3,913,295,000.00 

 LRs 3 2016-06-20 10.01  3,659,834,000.00 

 PLs/CCs 4 2016-06-21 26.20  9,582,553,969.00 

 Others 1 2016-01-29 0.01  3,000,000.00 

 Covered Bond 21 2016-06-17 49.01  17,925,000,000.00 

 Total 34 2016-06-21 100.00  36,571,147,969.00