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Luxembourg Client Briefing: Modernisation of Luxembourg Securitisation Law

BME: MARF Registers A New Securitisation Fund Originated By SWK Bank

<p class="BMETexto"><span>BME&rsquo;s Fixed Income Market, MARF, today admitted a new bond issue to trading from SWK Consumer 2021-1&rsquo;s Securitisation Fund for 400 million euros. The issue is divided into two series: Class A, of 352 million euros, and Class B, of 48 million euros, which will bear annual interest rates of 0.25% and 2.25%, respectively. The Fund s assets consist of a portfolio of German consumer loans originated by the German financial institution S&uuml;d-West-Kreditbank Finanzierung GmbH (SWK Bank). The Fund will be managed by Titulizaci&oacute;n de Activos (TdA).&nbsp; &nbsp;</span></p> <div><span><br /></span></div>

BME: MARF Registers Bonds From Elecnor Energy Efficiency Securitisation Fund For 50 Million

BME: MARF Registers Bonds From Elecnor Energy Efficiency Securitisation Fund For 50 Million Date 23/12/2020 This is the first securitization bond issue of future credit rights derived from contracts with public authorities in Spain BME s Fixed Income Market, MARF, has admitted to trading a new bond issue by Elecnor Energy Efficiency Securitisation Fund 2020 for an amount of EUR 50 million. The Fund s asset is made up of invoices issued and to be issued in the future by Elecnor to various municipalities, arising from the contracts for energy services management and the maintenance of the outdoor public lighting installations the company has with them. This is the first securitisation of future credit rights deriving from contracts with Public Administrations to be carried out in Spain. The Fund will be managed by Titulización de Activos, SGFT (TdA).

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