Juno 1 S.r.l.: 01 August 2018

Another one in the recent series of static cash securitisations where the underlaying assets are Italian non-performing loans.

In this instance, the originator is Banca Nazionale del Lavoro S.p.A. and the gross worth of the portfolio is EUR 957m, with the pool comprising both secured (30.4%) and unsecured (69.6%) loans. The portfolio consists of 2,859 loans, advanced to 740 borrowers. Borrower type: Companies - 96.6%, and individuals - 3.4%.


Compare/contrast: Aragorn NPL 2018 S.r.l., Red Sea SPV S.r.l.