Italy’s Alba Leasing is marketing a €767 million ($820 million) securitization of payments on leases extended to Italian small and medium-sized enterprises (SMEs) and individual entrepreneurs, according to Moody’s Investors Service.

The deal, called Alba 7, will distribute the €225 million A1 tranche and will pre-place a €200-million A2 tranche and the class B tranches which total €100 million.

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