SHERIDAN, WYOMING – June 6, 2025 – Italian motorists and car buyers can look forward to stronger financial support for their mobility needs as Stellantis Financial Services Italia S.p.A. (Stellantis FS) has successfully completed a €1 billion securitisation of auto loan contracts, aimed at fueling growth in new and used vehicle financing across the country.
This significant financial move, backed by a robust portfolio of auto loans, positions Stellantis FS as a more resilient and agile financial partner for Italian drivers. By securing new investment and fortifying its capital base, the company is making strides to deliver even more innovative and accessible financing solutions.
Backing Mobility with Financial Confidence
Stellantis FS, the Italian banking arm of global automotive leader Stellantis Group, is jointly owned by Stellantis Financial Services Europe and Santander Consumer Bank. With this securitisation, the company has taken a proactive approach to strengthening its financial structure, ensuring long-term service to customers across Italy.
The public securitisation, titled “Auto ABS Italian Stella Loans,” includes Senior, Mezzanine, and Junior notes. These asset-backed securities were made available exclusively to qualified investors, giving institutional partners an opportunity to engage in Italy’s evolving mobility market.
Strong Credit Ratings and Market Trust
The structured notes received solid ratings from major agencies, signaling strong market confidence:
- Class A1/A2: Rated AAA (sf) by DBRS and AA (sf) by Fitch
- Class B: AA (high sf) by DBRS and AA (sf) by Fitch
- Class C: AA (low sf) by DBRS and A (sf) by Fitch
- Class D: A (high sf) by DBRS and BBB+ (sf) by Fitch
- Class E: A (high sf) by DBRS and BB+ (sf) by Fitch
All rated notes have been listed on the Luxembourg Stock Exchange, underlining the international relevance and transparency of the deal.
Designed for Stability and Sustainable Growth
This securitisation isn’t just about numbers—it’s a strategic move to ensure lasting benefits for consumers and partners alike. The transaction includes a 7-month revolving period and meets the “Simple, Transparent and Standardised” (STS) criteria, aimed at promoting safer and more efficient securitisations within the EU.
By achieving a Significant Risk Transfer (SRT), Stellantis FS can improve its solvency ratios—meaning a more stable and efficient financial institution that’s better positioned to serve the evolving needs of drivers.
As CFO Sergio Lino explained:
“I'm proud to announce the successful issuance of a new securitization backed by auto loans. This strategic transaction marks an other significant step in diversifying our funding sources and reinforces our commitment to financial resilience. By broadening our investor base and optimizing capital structure, this initiative will contribute to the improvement of our capital ratios, supporting sustainable growth and continued innovation in mobility financing. We thank our partners and stakeholders for their continued trust and collaboration.”
Expert Collaboration Behind the Scenes
The successful execution of this securitisation was made possible through the cooperation of trusted financial and legal partners:
- Arranger: Banco Santander
- Joint Lead Managers: BofA Securities, Crédit Industriel et Commercial, and Banco Santander
- Corporate Servicer, Calculation Agent and RoN: Zenith Global
- Legal Advisors: Jones Day (for the Originator) and Chiomenti (for the Arranger)
Looking Ahead to Accessible and Innovative Financing
With this major financial milestone, Stellantis FS reinforces its role as a key player in the automotive finance sector—delivering more accessible, secure, and forward-thinking solutions for Italian consumers. Whether you're shopping for a new or pre-owned vehicle, Stellantis FS is now better equipped than ever to offer the support you need.
Learn more at https://www.stellantis-finance.it