Retained Italian Lease ABS Placed Into Market

Banca IMI has sold a previously retained tranche of Italian lease asset-backed securities into the market, taking advantage of improved confidence in peripheral Europe and demand for short-dated Italian ABS. Sole lead manager Banca IMI marketed the senior tranche in Alba 5, a deal backed by leases o...

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Bibliographic Details
Published inTotal Securitization
Main Author McDevitt, Joe
Format Trade Publication Article
LanguageEnglish
Published New York Euromoney Institutional Investor PLC 03.02.2014
Subjects
Asset backed securities
Banks
Central banks
Leasing
Italy
Online AccessGet full text
ISSN1938-7504

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Summary:Banca IMI has sold a previously retained tranche of Italian lease asset-backed securities into the market, taking advantage of improved confidence in peripheral Europe and demand for short-dated Italian ABS. Sole lead manager Banca IMI marketed the senior tranche in Alba 5, a deal backed by leases originated by Alba Leasing SpA, last week.
ISSN:1938-7504