Eidos Partners financial advisor in the Alba Leasing Spa securitization notes placement

 

January 2013

 

Eidos Partners acted as financial advisor of Alba Leasing Spa in the placement of the Class A notes of a securitization of a pool of lease contracts originated and serviced by Alba Leasing. Total face value of the notes issued by the securitization vehicle, denominated Alba 3, was € 149 mil. The € 79 mil Class A notes, rated AA by S&P, were initially subscribed by Alba Leasing and subsequently sold, at premium on  face value, to an institutional investor.
The underlying portfolio of lease contracts was a mix of auto, equipment and real estate loans, granted 64% in the North,19% in the Center and 17% in the South of Italy.

 

 

Alba Leasing Spa (www.albaleasing.eu) is a financial company specialized in leasing financing; although created only in 2010, it can count on one of the most experienced commercial, technical and administrative workforce in the field. Its shareholding structure, which includes Banca Popolare dell’Emilia Romagna, Banco Popolare, Banca Popolare di Sondrio and Banca Popolare di Milano, ensures that it can distribute its products to SMEs through over 4.000 branches spread all over Italy.

Eidos Partners (www.eidospartners.com) is an indipendent advisory firm specialised in mergers and acquisitions, initial public offerings, debt raising, financial restructuring, financial advisory services and execution of structured finance transactions, including bond issues and derivatives. Eidos Partners works with Italian and international companies, private equity funds and institutional investors.

For further information www.eidospartners.com

 

 

Transaction Type
Financial advisor of a securitization notes placement

Transaction Size
€ 149 mln

Sector
Lease contracts

Riccardo Banchetti
Managing Director
Tel: +39 02 8597.921
riccardo.banchetti@eidospartners.com

Michele Rolleri
Managing Director
Tel: +39 02 87238.811
michele.rolleri@eidospartners.com

Danilo Morgante
Senior Consultant
Tel: +39 02 87238.803
danilo.morgante@eidospartners.com