Fortia Energía €400 million electrictity receivables securitisation

24/7/2015
Asset Backed Securities (ABS), Securitisation

€ 400 million

$ 423.737 million

Completed

24/7/2015


Overview:

  • Fortia Energía has undertaken a €400 million securitisation of electricity receivables.
  • IM Fortia 1 is issuing the notes that were listed on the MARF (the Spanish alternative fixed income market).
  • Banca March acted as arranger.
  • Fortia Energía is a company involved in the acquisition and transfer of electricity.

Sam Duke - Editor

Jurisdiction:

Spain

Deal types:

Asset Backed Securities (ABS)
Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Spain

Industry sectors:

Energy
Financial services


Firm:

Party: Fortia Energía (Originator)