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Scope publishes its rating report on IBL Banca’s Marzio Finance – Series 8-2020 – Italian CQS ABS
Scope Ratings has today published its rating report on Marzio Finance S.r.l. – Series 8-2020, a static cash securitisation of payroll-deductible loans originated by IBL Banca.
The transaction is the eighth series under the Marzio Finance programme. The notes are backed by a EUR 324.2m portfolio of payroll-deductible loans. The report contains Scope’s credit analysis regarding the rating assigned to the class A notes.
This publication does not constitute a credit rating action. For the official credit rating action release click here.