Stellantis Financial Services Italia securitise auto loans for € 1,200,000,000

Turin, 30 June 2026 – Stellantis Financial Services Italia S.p.A. (“Stellantis FS”) successfully executed the public securitisation over a portfolio of auto loan contracts originated in Italy for the financing of new and used vehicles with initial amount of € 1,200,000,000.

Stellantis FS is the Italian captive bank of Stellantis Group. It is a joint venture owned on a 50/50 basis by Stellantis Financial Services Europe and Santander Consumer Bank.

The Special Purpose Vehicle “Auto ABS Italian Stella Loans” issued Senior, Mezzanine and Junior notes Asset-Backed (ABS), subscribed by qualified investors.
The Senior and Mezzanine notes are rated by DBRS and Fitch and listed on the Luxemburg Stock Exchange.

The transaction has a revolving period of 6 months and obtained the Simple, Transparent and Standardised (STS) label. The structure was designed to achieve Significant Risk Transfer (SRT) and enabled the bank to strengthen solvency ratios.
Banco Santander acted as Arranger. The Joint Lead Managers are Banco Santander, Société Générale, MUFG Securities (Europe) and IMI – Intesa Sanpaolo.

Zenith Global acted as Corporate Servicer, Calculation Agent and RoN.

For the legal aspects, Jonesday advised the Originator and DLA Piper advised the Arranger.

Sergio Lino, Stellantis FS CFO declared: “We are very satisfied with the success of this transaction, which confirms Stellantis FS’s ability to consistently and effectively access the capital markets, even in complex environments. The strong interest from investors is a evidence of the quality of our portfolio and the strength of our business model, further reinforcing our presence in the securitisation market.
This transaction also represents an important step in the active management of our balance sheet, enabling us to efficiently combine funding objectives, source diversification, and the optimisation of regulatory capital through a significant transfer of credit risk.
We will continue to develop structured and sustainable financial solutions, in line with a strategy aimed at strengthening the Group’s financial flexibility and supporting long-term business growth."