My Money Bank completes its second public Auto ABS issuance
My Money Group successfully priced EUR 300 million of Asset-Backed Securities (« ABS ») backed by auto financing receivables. This is My Money Group’s second public Auto ABS transaction following its inaugural deal closed in December 2017. The notes offered to the market are rated AAA by Fitch and Moody’s and have a yield of Euribor 1 Month + 31 bp.
Promontoria MMB announces the completion of the acquisition of ...
Paris – 28 December 2018 – Promontoria MMB SAS (My Money Group) announced today the completion of the acquisition of Banque Espirito Santo et de la Vénétie (BESV), a credit institution specialized in advisory services and financing for companies as well as banking services for businesses and individuals.
This acquisition, announced in June 2018 by BESV's majority shareholder, Novo Banco, is an opportunity for My Money Group to expand its product offering and broaden its activities into commercial banking.
My Money Bank successfully launches its covered bond program with ...
MMB SCF priced today its inaugural EUR 500 million 7-year (soft bullet) covered bond transaction. The yield of the bonds, which are rated AAA(p) by Standard & Poors, is 0.85% (mid-swap + 21 basis points).
S&P GLOBAL RATINGS attribute an investment grade rating to My ...
My Money Bank anounces that il has received a BBB-/A-3 (long and short term) delivered by the international rating agency S&P Global Ratings.
My Money Bank successfully closes its first Auto ABS issuance
My Money Bank has just borrowed EUR 390 million on the capital markets via an inaugural issuancee under its SapphireOne Auto programme of asset-backed securities (ABS) rated AAA by ...
Deposit Solutions & My Money Bank become
My Money Bank has entered into an agreement with Deutsch Bank through the German fintech Deposit Solutions.
Deposit Solutions is an open banking platform specialising in ...