Farbanca €460 million mortgage securitisation

12/4/2018
Securitisation

€ 460 million

$ 556 million

Announced

12/4/2018


Overview:

  • Farbanca has undertaken a €460 million mortgage securitisation.
  • The securities were issued in three classes - a senior one for €322 million fully subscribed by institutional investors through private placement; a mezzanine class of €46 million subscribed for the entire amount by the originator and a junior class of €96 million subscribed for the entire amount by the originator.  
  • PwC has provided financial advice.

Katrin Kostadinova - Data analyst

Jurisdiction:

Italy

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Italy

Industry sector:

Banking


Firm:

Party: Banca IMI (Arranger)