News
Zenith Service sets up the new Portolio & Asset Management department and announces the entry of Diego Bortot
Zenith Service S.p.A. is pleased to announce the entry of Diego Bortot as head of the new Portfolio & Asset Management division, dedicated to monitoring the performance of non-performing loans, securitized and managed as Master Servicer by Zenith Service. With more than 30 billion loans under management as at 31 December 2019 on all asset
Zenith Service closed the SME mortgage securitisation of Banca Fucino
Zenith Service is pleased to announce that it has participated in the first securitization transaction involving a portfolio of unsecured and guaranteed loans granted to SMEs by Banca Igea and Banca del Fucino for a total value of approximately 220 million euro. This is the second transaction that Zenith concludes with Banca del Fucino, after
Zenith Service in the NPL multi-originator securitisation of Cassa Centrale
The Cassa Centrale Group, through Centrale Credit Solutions, has signed an agreement with the Arrow Global Group and the Group companies, Zenith Service and WhiteStar Asset Solutions Italia, for the sale of a portfolio of loans classified as non-performing, mortgage and unsecured, sold by 35 credit institutions (33 of which belong to the financial institution
Zenith Service in the first trade receivable securitization of Crescitalia Holding S.r.l.
Zenith Service is pleased to announce the first securitization of trade receivables sponsored by Crescitalia Holding has been completed. The notes issuance is up to 25 million euros. The transaction involves portfolios of commercial invoices sold by various small and medium enterprises, based in Italy and active in various economic sectors, selected and sold through
Zenith service in the first Italian public securitization “STS” of Agos Ducato S.p.A.
Zenith Service S.p.A. (“Zenith”) is pleased to announce its participation in the first public securitization in Italy structured as “Simple, Transparent and Standardized” (“STS“) pursuant to the European Regulation n. 2017/2402 concerning consumer loans of Agos Ducato S.p.A. for a value of Euro 1,1 billion. Zenith took care of the profiles related to the setup
The new issue of the Zenith newsletter is online: among various topics, the STS securitization
Zenith offers its Pool Audit service in the context of STS securitisations
Zenith Service upgraded to Strong by Standard & Poor’s, the highest level in the ranking
The ranking raised to Strong from Above Average with stable outlook