Alantra advises AMCO on the sale of a €600mn Italian re-performing portfolio

Mar 2026

Portfolio Sale

Value €600mn

London – Alantra acted as sole financial advisor to AMCO (the “Seller”) on the sale of an Italian portfolio with an approximate gross book value of €600mn.

The portfolio predominantly comprises residential mortgage loans of a re-performing nature. The transaction features an innovative structure involving the transfer of receivables to a jointly owned vehicle, with a 51% stake acquired by a leading international investor (the “Buyer”) and 49% retained by AMCO. Servicing activities will be managed by the Buyer.

Alantra leveraged its extensive experience in structured credit solutions and the Italian market, supporting AMCO in the design and execution of a tailored transaction structure aligned with its strategic objectives.

Fabrizio Sicilia, Managing Director at Alantra, said: “This transaction marks a further step in the evolution of the Italian re-performing loan market, highlighting the growing role of structured partnership solutions in enhancing portfolio value. We are pleased to have supported AMCO in achieving this important milestone.”

This transaction builds on Alantra’s established track record in the Italian re-performing loan market, including advising AMCO on Italy’s previous largest re-performing mortgage exposure transaction (€400mn) and other complex structured portfolio deals across the FIG sector.