Download here the 2025 BeBeez Private Debt Report available for the subscribers to BeBeez News Premium and BeBeez Private Data
Swedish Hoist Finance said it acquired from Banca Popolare di Sondrio a portfolio of secured and unsecured NPEs worth 173 million euros for which MCC provided a partial warranty (see here a previous post by BeBeez). The buyer carried on such a securitization (Project Genesis) through Marte SPV. Banca Popolare di Sondrio is close to finalising a merger with BPER. Andrea Giovanelli is Italy country manager of Hoist Finance.
Milan-listed Integrated System Credit Consulting Fintech (ISCC Fintech) and Credito Lombardo Veneto (Banca CLV) carried on a pro soluto deal with SPV 2604 BARBARESCO for the secondary market sale of unsecured individual NPLs with a GBV of 60 million euros (see here a previous post by BeBeez). Milan-listed Conafi Prestitò has 61% of ISCC Fintech. The spv will issue asset-backed partly paid notes. Banca CLV will acquire the senior tranche and ISCC Fintech the junior. KPMG Advisory, Lawyers and Gianni & Origoni acted as deal advisors. Zenith Global will be the master servicer. Gianluca De Carlo is the ceo of ISCC Fintech. Paolo Gesa is the ceo of Banca CLV
