Corporate Servicing
(SPV Management)

Zenith Global offers a full range of Corporate services for Securitisations and Covered Bonds, from the set-up of Special Purpose Vehicles (SPV) to corporate, administrative, tax and accounting services, plus all the preliminary activities connected to a securitisation transaction such as: opening of a certified mailbox (PEC) for the communication to and from the Chamber of Commerce, enrollment in the Register of SPVs held by Bank of Italy, publicity of the transfer deeds to the Official Gazzette and to the Stock Exchange listing, corporate secretarial services and keeping accounting books.

Upon request, Zenith is able to provide different solutions to guarantee the independence and neutrality of the SPV, even at the level of the shareholding structure. Based on the transaction’s needs, Zenith suggests the most appropriate solution to ensure bankruptcy remoteness, even by setting up and managing a Dutch Stichting, a no profit foundation in the Netherlands, whose sole purpose is to hold the SPV’s quotas.

Zenith also offers independent SPV directors.