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Marzio Finance will early redeem class A, class J asset-backed notes
Chicago, Oct. 31 – Marzio Finance Srl announced the full redemption of two series of series 5 asset-backed notes due 2044, according to a notice.
The company redeemed the €255.1 million of class A notes (ISIN: IT0005367732) and the €33,057,000 of class J notes (ISIN: IT0005367740).
The notes were securitized with personal loans contracts originated by IBL Banca SpA.
Rome-based Marzio Finance is a special purpose entity. IBL Banca was the servicer on the asset-backed notes.
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