Francesco Scebba

Associate, Milan

Biography

Overview

Francesco Scebba is an associate in the Milan office and his practice focuses on securitization transactions and distressed assets disposals and acquisitions. He also has significant experience in structured finance transactions having as underlying assets receivables vis-à-vis public entities and general lending. Francesco assists arrangers, originators, issuers and investors on a broad range of securitisation transactions including project bonds, RMBS, SMEs, consumer loans and leasing receivables securitisations. He also advises global and Italian investment banks, special opportunities funds and hedge funds on sales and acquisitions of NPLs, UTPs, distressed assets, distressed real estate projects and debt trading.

Bars and Courts
Italian Bar
Education
JD
University of Milan

Italy

Languages
Italian
English
German

Experience

Hoist Finance in connection with a €225 million securitisation of a portfolio of Italian non-performing, unsecured loans, with CarVal Investors, LLC acting as senior investor.

Cassa di Risparmio di Asti S.p.A. and Cassa di Risparmio di Biella e Vercelli – Biverbanca S.p.A., as originator and underwriter, and UniCredit Bank AG, as arranger, in connection with a multi-originator securitisation of residential fondiari mortgage loans and ipotecari mortgage loans granted by Cassa di Risparmio di Asti and Cassa di Risparmio di Biella e Vercelli – Biverbanca, with a total value of approximately €1 billion.

Glennmont Partners, as equity investor, in connection with the securitization of performing project finance loans originated by Banca Popolare di Bari S.C.p.A. This transaction represents the first securitization in the renewable energy sector and included a €41.830.000 Floating Rate Senior Notes issuance and a €9.642.000 Floating Rate and Variable Return Junior Notes issuance.

Intesa Sanpaolo Group and UniCredit S.p.A. in connection with the set-up of a platform for the disposal of UtP shipping loans, through the constitution of an Italian closed-end umbrella alternative investment fund, named "Fi.NAV.", reserved to professional investors and the disposal of a shipping loans portfolio for a total GBV equal to around USD350 million.

An investment fund managed by GWM in connection with the acquisition from FMS Wertmanagement of sub- and non-performing loan receivables having an aggregate gross book value of €91 million and arising from five real estate loans secured by Italian real estate assets and a UK factory outlet.

A primary investment bank, as senior investor, in connection with the securitisation of €1.2 billion portfolio of non-performing loans sold by Banca Carige S.p.A. to Credito Fondiario S.p.A.

doBank S.p.A., as master servicer and special servicer, in connection with the securitisation of € 17.7 billion portfolio sold by UniCredit S.p.A. to Fortress and PIMCO.

Banca IMI S.p.A. as arranger in connection with the securitisation of a portfolio of receivables arising out of fondiari mortgage loans, ipotecari mortgage loans and unsecured loans originated by Farbanca S.p.A. for a total nominal value of €460 million.

Banca IMI, Citibank and Deutsche Bank, as arrangers and senior notes underwriters in connection with the securitization of (i) a €488 million portfolio of performing financial leasing and (ii) a €405 million portfolio of performing corporate loans of various nature, both originated by GE Capital Interbanca Group in relation to its acquisition by Banca IFIS S.p.A.

Deutsche Bank AG, London Branch in connection with the successful bid and acquisition, through an Italian law governed securitization structure, of seven portfolios of non-performing loans owned by Intesa Sanpaolo S.p.A. for a total value of €1.6 billion.