Skip to:
  1. Home
  2. Press & Media
  3. Press Releases
  4. HVB, member of UniCredit Group, is securitizing eur 2,1 billion Euroloans
Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.


Recipient (e-mail address):

HVB, member of UniCredit Group, is securitizing eur 2,1 billion Euroloans

HVB, member of UniCredit Group, is securitizing EUR 2,1 billion Euroloans in a 5 year true sale transaction

Today, Bayerische Hypo- und Vereinsbank AG (HVB) has launched and priced its seventh Asset-Backed Securities transaction under the Geldilux-Programme (Geldilux-TS-2007 S.A.) using a true sale structure for the third time. The portfolio consists of Euroloans to medium-sized companies, small businesses, self-employed professionals and private customers denominated in EUR. Like in previous transactions the portfolio is showing extremely low historic losses. The average loan size is approx. EUR 1 million.

UniCredit Market & Investment Banking acted as sole book runner together with Fortis Bank as joint lead. About 70 investors broadly spread over Europe participated in the transaction (UK/Ireland 38%, Germany 22%, Italy and Benelux 20%, France 7%). Given the strong investor appetite Class A priced at 10 bps representing the low end of the expected price range. Also the lower rated Classes B - D met high investor demand being multiple times oversubscribed.

Using the well established Geldilux-Programme, UniCredit Group is proactively using the capital markets to manage its credit risk and capital position. The transaction is providing both funding and RWA relief to the Group


Media Relations:
+39 02 88628236; e-mail:
Investor Relations:
+39 02 88628715; e-mail: