News

S&P revises Zenith’s ranking to “Above Average – Positive Outlook”

The rating agency Standard & Poor’s has confirmed Zenith Service’s rating at “Above Average” for its activity as Master Servicer in securitisations of Residential and Commercial Mortgages, SME Loans and Unsecured Loans in Italy.  The rating confirmation—as stated in a note released by the rating agency— reflects the strengthening of the managerial team and the […]

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Zenith Service arranges Dynamica Retail’s first mini-bond

Dynamica Retail S.p.A., financial intermediary specialised in Salary-Assignment Loans, issued a 5 million euro mini-bond. Zenith Service, player specialised in structured finance transactions, arranged the deal and will act as Monitoring Agent for the next five years. Following the recent conversion into law of the “Destinazione Italia” decree that allowed small-medium sized enterprises to access

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Italian Employee Loan Repayments: Zenith is Master Servicer in the Consum.it transaction

Zenith Service has taken on the role of Master Servicer for the securitization transaction on the portfolio of Consum.it, a company in the MPS Group whose area of operation is the issue of personal loans which can be paid off with Italian salary-based employee loan repayments.  The transactionIn this transaction, which was completed at the

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