Banca Nuova securitizes portfolio of contributions owed by the Sicily Region
Clients BANCA NUOVA S.p.A.
Jones Day provided advice to Banca Nuova S.p.A. in connection with the €61.6 million (US$81 million) securitization of a portfolio of contributions owed by the Sicily Region to certain Sicilian enterprises. Rubino Finance S.r.l. was assigned the contributions and issued the asset-backed securities which were listed on the Irish Stock Exchange.