FCA Bank €800 million consumer loan securitisation

1/8/2015

Securitisation

Value:

€ 800 million

Dollar value:

$ 898.810 million

Status:

Completed

Date:

1/8/2015

Overview:

FCA Bank has acted as originator, servicer, cash manager and swap counterparty, on a securitisation of consumer loans - Asset Backed European Securitisation Transaction Twelve - with a value of €800 million.
Banca IMI and UniCredit Bank acted as arrangers, with Crédit Agricole and UniCredit acting as swap counterparties.

Sam Duke - Editor

Jurisdiction:

Italy

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Italy

Industry sector:

Banking

Firms:

Allen & Overy

Party: FCA Bank (Originator)

Lawyers: Pietro Bellone, Stefano Sennhauser

Orrick Herrington & Sutcliffe

Party: Banca IMI (Arranger, Swap counterparty)

Party: Unicredit (Arranger, Swap counterparty)

Party: Credit Agricole (Arranger)

Lawyers: Madeleine Horrocks, Patrizio Messina

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