Finance district

Finance district

The structure is intended to finance the industrial districts, creating a critical mass of credits to be securitized.

A company for the securitization of receivables (SPV), acquires performing trade receivables and issues asset backed securities which shall be subscribed from institutional investors (a senior tranche up to 80%) and by the originators (junior tranche).

The SPV will therefore finance the industrial district directly.

Schermata 2015-09-22 alle 11.46.14