FCA Bank finalizes its new A-Best 17 securitization
Client(s) FCA Bank S.p.A.
Jones Day advised FCA Bank S.p.A., as originator, in connection with its new Italian auto-loan securitization A-Best 17 for approximately €912 million. This is the first transaction carried out by FCA Bank in Italy in compliance with the European regulations on “simple, transparent, and standardized” (STS) securitizations.