Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed - S&P Global Ratings’ Credit Research

Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed

Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed - S&P Global Ratings’ Credit Research
Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed
Published Jun 24, 2019
3 pages (1433 words) — Published Jun 24, 2019
Price US$ 150.00  |  Buy this Report Now

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Abstract:

We have affirmed our overall STRONG rankings on Zenith as a master servicer of residential mortgages, commercial mortgages, and unsecured credits. The outlook is STABLE on all rankings. Established as an independent company in November 1999, Zenith is headquartered in Milan and has a second branch in Rome. The company is registered under article 106 of the Italian banking law and manages and oversees securitized loan portfolios as a servicer and in different other roles. LONDON (S&P Global Ratings) June 24, 2019--S&P Global Ratings today affirmed its STRONG overall rankings on Zenith Service S.p.A. as master servicer for residential mortgages, commercial mortgages, and consumer credits in Italy. The outlook is STABLE on all rankings. Our rankings reflect: The new ownership

  
Brief Excerpt:

...- We have affirmed our overall STRONG rankings on Zenith as a master servicer of residential mortgages, commercial mortgages, and unsecured credits. - The outlook is STABLE on all rankings. - Established as an independent company in November 1999, Zenith is headquartered in Milan and has a second branch in Rome. The company is registered under article 106 of the Italian banking law and manages and oversees securitized loan portfolios as a servicer and in different other roles. LONDON (S&P Global Ratings) June 24, 2019--S&P Global Ratings today affirmed its STRONG overall rankings on Zenith Service S.p.A. as master servicer for residential mortgages, commercial mortgages, and consumer credits in Italy. The outlook is STABLE on all rankings. Our rankings reflect: - The new ownership structure. Arrow Global Group PLC, which acquired Zenith in April 2017, is supportive of operational continuity and further expansion, providing the servicer with additional expertise and resources; - The company's...

  
Report Type:

Ratings Action

Issuer
Zenith Service SpA
Sector
Structured Finance
Country
Italy
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed" Jun 24, 2019. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Zenith-Service-STRONG-Rankings-As-Master-Servicer-In-Italy-Affirmed-2254558>
  
APA:
S&P Global Ratings’ Credit Research. (). Zenith Service STRONG Rankings As Master Servicer In Italy Affirmed Jun 24, 2019. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Zenith-Service-STRONG-Rankings-As-Master-Servicer-In-Italy-Affirmed-2254558>
  
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