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
RMBSs Carismi Finance 2016 Cassa di Risparmio di San Miniato Spa Carismi Finance Srl 2016-05-27 

PLs/CCs A-BEST Fourteen 2016 FCA Bank Spa Asset-Backed European Securitisation Transaction Fourteen Srl 2016-05-16 

Covered Bond MPS Covered Bond 2 - Series 21/2016 Banca Monte dei Paschi di Siena Spa Banca Monte dei Paschi di Siena S.p.A. 2016-05-12 

Covered Bond Eur. 20 bn. Covered Bond Programme - 2016-12 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-04-22 

Covered Bond Eur. 20 bn. Covered Bond Programme - 2016-11 Intesa Sanpaolo Spa Intesa Sanpaolo Spa 2016-04-22 

2016 Asset Class Summary

Asset Class Deals # Last Update Amount % Total Amount
 RMBSs 2 2016-05-27 5.84  1,487,465,000.00 

 CMBSs 3 2016-03-30 15.37  3,913,295,000.00 

 LRs 2 2016-02-22 10.35  2,633,734,000.00 

 PLs/CCs 3 2016-05-16 32.77  8,340,653,969.00 

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

 Covered Bond 12 2016-05-12 35.65  9,075,000,000.00 

 Total 23 2016-05-27 100.00  25,453,147,969.00