Cassa Depostiti e Prestiti, the general debt department of the Italian Treasury, will issue its first securitization of loans of the year next month, say market participants. The E1.086 billion deal is backed by performing fixed-rate loans made to operators of public services in Italy. The deal is being arranged and lead-managed by Banca IMI, Caboto Intesa SpA, Lehman Brothers and UBS Warburg. Calls to Andreana Esposito, head of securitization at CDP in Rome, were not returned by press time last Friday. Price talk is not yet available.
Italian Government Loan ABS Set For April
