IBL Banca retains Italian consumer loan ABS

By Tom Brown
17 Mar 2020

IBL Banca will fully retain its latest consumer loan securitization, the eighth issuance from the Marzio Finance series.

The new deal, Series 8-2020, is the thirteenth overall from the bank and is backed by a static pool of Italian Cessione del Quinto (CDQ) and Delegazione di Pagamento (DP) consumer loans originated by IBL Banca.

The €298.3m class ‘A’ tranche is rated Aa3 by Moody’s, AA ...

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