Italian SPVs -Issue 3-2016 - 2016 half year update

The 2016 half year update of the Italian SPVs -Issue 3-2016 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 recently 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 any 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 Asset 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 Italia 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 Golden Bar (Securitisation) 2016 Santander Consumer Bank Spa Golden Bar (Securitisation) Srl 2016-08-02 

Covered Bond BPER CPT CB Programme 2015 - Series 2/2016 Banca Popolare dell'Emilia Romagna SocietĂ  Cooperativa Estense CPT Covered Bond Srl 2016-08-01 

LRs UBI SPV Lease 2016 UBI Leasing Spa UBI SPV Lease 2016 2016-07-28 

Covered Bond Vela OBG - Series 8/2016 Banca Nazionale del Lavoro Spa Banca Nazionale del Lavoro S.p.A. 2016-07-28 

CMBSs BPM Securitisation 3 2014 - Increase Banca Popolare di Milano Scarl BPM Securitisation 3 Srl 2016-07-20 

2016 Asset Class Summary

Asset Class Deals # Last Update Amount % Total Amount
 RMBSs 2 2016-05-27 3.28  1,487,465,000.00 

 CMBSs 4 2016-07-20 10.06  4,562,124,419.96 

 LRs 4 2016-07-28 14.90  6,760,734,000.00 

 PLs/CCs 5 2016-08-02 23.99  10,882,553,969.00 

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

 Covered Bond 25 2016-08-01 47.77  21,675,000,000.00 

 Total 41 2016-08-02 100.00  45,370,877,388.96