News

Zenith Service changes name and becomes Zenith Global

Zenith is delighted to kick off 2024 with a new name and logo: from “Zenith Service” to “Zenith Global”. A turnaround that reflects the journey undertaken in 2023 to rethink values, mission and vision. Zenith Global is an innovative and digital financial partner that aims to support its Italian and international clients with a global

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Zenith Service thanks to smart working, welfare and focus on D&I, achieves Great Place to Work® international certification

Zenith Service S.p.A., a leading company in Italy in securitization services with 180 employees spread over two locations, Milan and Rome, has obtained the Great Place to Work® certification issued by the company specializing in work experience analysis, support for the improvement of organizational performance and Employer Branding, partner of 12,000 companies worldwide. Going into

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Zenith with Toyota in Europe’s first Green Auto Loan Securitization

Zenith Service is delighted to announce the completion of the first Green Auto Loan Securitization in Europe. Specifically, this is the inaugural securitization of Toyota Financial Services, collateralized by loans aimed at the purchase of hybrid, plug-in or electric vehicles with zero-CO2 target, the first transaction in Europe with such characteristics. Asset-backed securities were issued

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Zenith Service in the new public securitisation of Banca PSA

Zenith Service S.p.A. is pleased to announce that it has successfully completed the new public securitisation of Banca PSA Italia S.p.A. involving automotive loans for an initial amount of Euro 320 million. The transaction envisages a revolving period of 24 months starting from May 2022, during which additional portfolios may be purchased by the special

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Zenith Service rated Strong from S&P for fourth consecutive year

Zenith Service, a financial intermediary active since 1999, has received a Strong rankings, the highest level of assessment, with a stable outlook for all asset classes (RMBS – CMBS – ABS – NPL). The Master Servicer, which has about 34 billion assets under management, is thus confirmed as Strong for the fourth consecutive year. The

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Zenith Service in Findomestic’s consumer credit securitization

Zenith Service S.p.A. is pleased to announce the completion of the consumer loan securitization of Findomestic Banca, pursuant to Law no. 130/99. The transaction was perfected through the establishment of a dedicated special purpose vehicle (SPV), “Autoflorence 2“, which purchased the portfolio of loans identified by the Bank. The SPV will purchase the loans on

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Zenith Service in GMA’s second real estate securitization

Zenith Service S.p.A. is pleased to announce the completion of the second real estate securitization carried out pursuant to art. 7.2. of Law no. 130/99. The transaction was carried out through the establishment of a dedicated special purpose vehicle (SPV) called “FARA Real Estate SPV” with the object of a series of real estate properties

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Zenith Service in the first Real Estate securitisation of Algebris

Zenith Service S.p.A. is pleased to announce its participation, with its services, in the launch of the Algebris Real Estate securitization transaction structured pursuant to article 7.2 of the Italian Securitisation Law n. 130/99. The securitisation involves the proceeds deriving from a real estate property used for instrumental purposes and sold to the securitisation vehicle

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