FCA Bank €963 million consumer loan securitisation

18/5/2016

Securitisation

Value:

€ 963 million

Dollar value:

$ 1.083 billion

Status:

Completed

Date:

18/5/2016

Overview:

FCA Bank has acted as originator, servicer, cash manager and swap counterparty, on a securitisation of auto loans - Asset Backed European Securitisation Transaction Fourteen - with a value of €963 million.
Banca IMI, UniCredit and Crédit Agricole acted as arrangers.

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)

Party: Unicredit (Arranger)

Party: Credit Agricole (Arranger)

Lawyers: Madeleine Horrocks, Patrizio Messina

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