Cases & Deals

  • Home
  • Practices
  • Citi completes first securitisation of SME loans for Defacto

Share

Citi completes first securitisation of SME loans for Defacto

July 2023

Client(s) Citi

Jones Day assisted Citi, as senior lender, in connection with the securitization by Defacto of SME loans through a fonds commun de titrisation (FCT). The securitization provides for a borrowing base financing with a senior and mezzanine tranche backed by SMEs loans originated by Defacto to accompany the growth of its activity in France and Germany notably. The mezzanine tranche will be subscribed by Viola Credit, a global credit fund focused on the innovation economy.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.