IM Evo Finance 1: 15 November 2017
A point of sale consumer loan securitisation, which features an ongoing revolving portfolio (which is subject to a maximum notes issuance amount of EUR500 million). The originator is Evo Finance E.F.C., S.A.U. and the loans have been extended to individual borrowers located in Spain.
EVO Banco was created by NCG Banco on 12 March 2012 as a division that would operate its assets outside the autonomous communities of Galicia, Asturias and the province of León. In September 2013, NCG Banco announced that it would sell the EVO Banco division to the American private equity firm Apollo Global Management.