Arianna ABS to be sold in secondary market bid list
A large clip of Italian consumer loan ABS bonds will hit the secondary market through a bid list on Friday as accounts seek to take advantage of strong interest in Italian paper.
The bonds are part of a consumer loan securitization called Arianna SPV that was put together for Consum, a fully owned subsidiary of Banca Monte dei Paschi di Siena.
The €569m deal, which consists of three fixed rate tranches, closed in late December. The entire capital stack ...Already a subscriber? Login