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Stellantis FS Securitise Auto Loans For EUR 1.2 BLN



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June 28 (Reuters) -Stellantis NV STLAM.MI:

  • STELLANTIS FINANCIAL SERVICES ITALIA SECURITISE AUTO LOANS FOR EUR 1,200,000,000

  • TRANSACTION HAS REVOLVING PERIOD OF 6 MONTHS AND OBTAINED SIMPLE, TRANSPARENT AND STANDARDISED (STS) LABEL

  • STELLANTIS FS IS ITALIAN CAPTIVE BANK OF STELLANTIS GROUP

  • STELLANTIS FS IS JV OWNED ON 50/50 BASIS BY STELLANTIS FINANCIAL SERVICES EUROPE AND SANTANDER CONSUMER BANK, WHICH IS OWNED BY BANCO SANTANDER SAN.MC

Source text: https://tinyurl.com/4wzvtrzd

Further company coverage: STLAM.MI


(Gdansk Newsroom)

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