On 16 July 2020 the Banca Carige Group carried out a securitisation of residential mortgage through the special purpose vehicle Lanterna Mortgage S.r.l.
With an initial portfolio of Euro 250 million, Lanterna Mortgage issued securities for Euro 253 million (Euro 173 million Class A1, Euro 11 million Class A2 and Euro 68 million Class j).
The transaction was originated by Banca Carige S.p.A. and Banca del Monte di Lucca S.p.A.
Within the scope of the transaction, Banca Carige acted as Master Servicer, whilst Banca del Monte di Lucca acted as Servicer.
The Bank of New York Mellon acted as: Paying Agent, Account Banks e Calculation Agent.
Zenith Service S.p.A. acted as: representatives of noteholders and Back-Up Servicer.
The transaction was structured by Natwest Markets Plc.