Transaction Update: Sestante Finance S.r.l. - S&P Global Ratings’ Credit Research

Transaction Update: Sestante Finance S.r.l.

Transaction Update: Sestante Finance S.r.l. - S&P Global Ratings’ Credit Research
Transaction Update: Sestante Finance S.r.l.
Published Jan 10, 2025
6 pages (1272 words) — Published Jan 10, 2025
Price US$ 375.00  |  Buy this Report Now

About This Report

  
Abstract:

Sestante Finance S.r.l. issued its series 2 Italian RMBS transaction that securitizes a pool of residential mortgage loans originated by Meliorbanca SpA. The current servicer of the portfolio is DoValue. The transaction closed in December 2004. New Issue: Sestante Finance S.R.L., Jan. 25, 2005

  
Brief Excerpt:

... posting trigger Bank of New York Mellon S.A./N.V. (Italian Branch), as bank account provider A+/Stable/A-1 A-1 N/A Commerzbank AG, as swap counterparty RCR: A+ N/A N/A Note: In the case of any unrated bank branch, we apply our bank branch criteria that consider the ratings on the parent company and the branch host sovereign. ICR--Issuer credit rating. RCR--Resolution counterparty rating. N/A--Not applicable....

  
Report Type:

Transaction Update Report

Issuer
Sestante Finance S.r.l.
Sector
Structured Finance
Country
Italy
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Transaction Update: Sestante Finance S.r.l." Jan 10, 2025. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Transaction-Update-Sestante-Finance-S-r-l-3306699>
  
APA:
S&P Global Ratings’ Credit Research. (). Transaction Update: Sestante Finance S.r.l. Jan 10, 2025. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Transaction-Update-Sestante-Finance-S-r-l-3306699>
  
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