BANIF Banco Internacional do Funchal S.A plans to place €875 million ($1.12B) of securities backed by a pool of current accounts and term loans that it granted to Portuguese self-employed and small and midsize enterprises (SMEs), according to Standard & Poor's.

The bank has selected Deutsche Bank to manage its latest deal, Atlantes SME No. 4. The issuer was last in the market at the beginning of the year with Atlantes SME No., which was managed by StormHarbour Securities.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.