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14/10/2019 - Scope Ratings GmbH
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Scope publishes its rating report on IBL Banca’s Marzio Finance – Series 7-2019 – Italian CQS ABS
Scope Ratings has today published its rating report on Marzio Finance S.r.l. – Series 7-2019, a static cash securitisation of payroll-deductible loans originated by IBL Banca.
The transaction is the seventh series under the Marzio Finance programme. The notes are backed by a EUR 382.8m portfolio of payroll-deductible loans. The report contains Scope’s credit analysis regarding the rating assigned to the class A notes.