Global law firm White & Case LLP has advised Banca Monte dei Paschi di Siena S.p.A., as originator, arranger and sole underwriter, on a revolving securitisation of a portfolio of loans granted to Italian small and medium-sized enterprises for a total value of around €1.7 billion.

The Senior Notes and the Mezzanine Notes issued in relation to the transaction have been listed on the Luxembourg Stock Exchange.

The White & Case team in Milan which advised on the transaction was led by partner Gianluca Fanti and local partner Giuseppe Barra Caracciolo and included associate Francesco Scebba and lawyer Giovanna Bellofiore.