GAMMA - Sociedade de Titularizacao de Creditos €640 million securitisation

Overview:

• GAMMA - Sociedade de Titularizacao de Creditos issued a total of €640 million of asset backed securities, known collectively as ATLANTES SME No. 5. 
• The issue consisted of €440 million class A asset-backed floating rate notes due 2044, €35.6 million class B asset-backed floating rate notes due 2044, €164.4 million class C asset-backed floating rate notes due 2044, €172.8 million class D notes due 2044 and €33.2 million class S notes due 2044. 
• The issue price of the class A, B, C and S notes is 100% of their principal amount, while the issue price of the class D Notes is 100.665509%. 

John Crabb - Journalist