Alba 7 'A1' notes on offer

By Graham Bippart
16 Apr 2015

Banca IMI and SG are out with guidance for the €255.2m ‘A1’ class of Alba 7, a deal backed by Italian leases.

The banks have guided investors at three month Euribor plus high-60bp area for the tranche. The leases were originated by regular ABS issuer Alba Leasing, which will also service the portfolio.

The remaining €541.66m of the deal is broken into a €200m ‘A2’ class, €150m in ‘B1’ ...

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